Article summary
The Home Office has announced that the Economic Crime and Corporate Transparency Act 2023 (ECCTA 2023) has received Royal Assent. Among other provisions, ECCTA 2023 gives new powers to judges to deal with strategic lawsuits against public participation (SLAPPs) involving economic crime. Defendants will now have greater protection when faced with SLAPPs, with an early dismissal mechanism for those whose case falls within the statutory definition of SLAPPs and a new cost protection regime for defendants, meaning defendants will not face the risk of excessive cost burdens, included in the Act.
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