The Damages-Based Agreements Regulations 2013

Section 45 of the Legal Aid, Sentencing and Punishment of Offenders Act 2012 (LASPO) amended section 58AA of the Legal Services Act 1990 to allow BABs. Certain requirements that DBAs must meet to be applicable are set out in the Damages-Based Agreements Regulations 2013. 3. The requirements imposed for the purposes of Section 58AA(4)(c) of the Act are that the terms of a damages agreement must be set: in June of this year, the government began the review of Part 2 of the LASPO after its implementation, including the introduction of DBAs. This is a little short of schedule, as the review is expected to be completed five years after its implementation (i.e. before 1 April 2013), but as with many things, it is better late than never. The purpose of the review is to examine whether the legislation has achieved its objectives and whether there are any unintended consequences to be addressed. The Damages Based Agreements Regulations Reform Project 2019 held a conference on Thursday, October 17 to present the new designs 2019 Damages-based Agreements Regulations (2019 DBA Regulations). Invited by the Department of Justice to conduct an independent review of the existing 2013 DBA Regulations, the draft regulations formulated by Professor Rachael Mulheron and Nicolas Bacon QC mark a significant change in approach, with some significant changes aimed at dispelling criticism of the existing rules. Comments on the provisions of the 2019 DBA are welcome and must be received by Friday, November 15, 2019.