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The Civil Procedure and Rules Committee has launched a public consultation into costs budgeting and costs management in insolvency proceedings to gather public opinion and consider the current exceptions to the mandatory requirement to produce costs budgets following the Jackson reforms. This is something many insolvency practitioners are very concerned by.
For more detail, see CPRC Costs Budgeting and Costs Management. The deadline for input is 20 July 2013 and contact details can be found in the paper. Please let us know your post-Jackson experiences by leaving a comment below.
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