Posts from Acasta Europe Limited

The Arkin cap: not quite the demise being (pro-)claimed

Big-hitting defendant solicitors were rather quick to proclaim the demise of the Arkin cap, following Snowden J’s judgment in Davey vs Money last month. They’re in good company. In his 2010 Review of Civil Litigation Costs, Jackson LJ said that funders should be fully liable for adverse costs. Others argue that the Arkin cap’s generosity … Continue reading The Arkin cap: not quite the demise being (pro-)claimed

Ratings v Solvency II: should an ATE insurer’s rating matter?

“Yes” seems to be the consensus, ever since Snowden J commented in Premier Motorauctions that the absence of a credit rating indicated that an insurer might be at greater risk of defaulting.