September Newsletter
29 September 2011
By Edward Tomlinson, Financial Planner
Welcome to the September edition of IM Asset Management’s quarterly newsletter.
The purpose of the newsletter is to provide commentary and updates on periodical payments and financial matters to those practising in the area of personal injury law.
The newsletter has been slightly delayed as we were hoping that we would be able to report on the Lord Chancellor’s decision regarding the Discount Rate. Readers will of course be aware that Mr Justice Holman refused permission for APIL to apply for a Judicial Review, due to the Lord Chancellor’s stated intention to carry out a public consultation.
We understand that the public consultation will be published in late September or October with the standard consultation time being 12 weeks. Therefore in January we may have news for you in our next newsletter. Fingers crossed!
This month we focus specifically on the ability of defendants to make periodical payments and the issue of reasonable security looking at a number of extreme examples. For a full list of defendants who are secure providers of periodical payments, or to find out if your defendant is secure please speak to your IM Asset Management contact.
To view the full newsletter, please click here.
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