Welcome to our first Personal Injury Damages Newsletter for 2010. We wish all of our readers a happy and prosperous New Year.
In this edition, we have a range of articles including further details about a unique investment solution for personal injury damages investment, the 7IM Personal Injury Fund, which should be suitable for many personal injury claimants.The launch event on 12 November 2009 was well very attended despite poor weather. The Altitude 360° venue provided a fantastic backdrop for the launch event.
We also report on an interesting case, which we believe is the largest Periodical Payment Order since the Courts Act 2005. We hope that this settlement provides considerable security for the claimant involved, albeit in difficult circumstances. We acted as the financial expert on behalf of the claimant in the case. Alas, no news on movement of the discount rate for future losses to report.
It seems that 2.5% may be with us for a while longer, which has implications for accommodation claims. Read our article on Roberts -v- Johnstone which considers this awkward area.
Last summer’s FSA Consultation on greater protection for high cash deposit balances, including awards made for personal injury, is not common knowledge. We provide detailed submissions on the matter and review relevant excerpts from contributors, now that the Consultation has concluded.
On a final note, we are pleased to announce that Nestor Partnership has undertaken to be a Headway Challenge Baton Holder for 2010. We hope to be able to hand back the baton with a good donation at the Headway annual awards luncheon at the Dorchester in December 2010.
As ever, feedback is welcome.