As explained in this previous post, a proposed redrafted version of the regulations governing Damages-Based Agreements (DBAs) has recently been published, and addresses many of the key problems with the current regulations, the DBA Regulations 2013.

Maura McIntosh has published a post on Practical Law’s Dispute Resolution blog which welcomes the redraft of the regulations and suggests some further amendments, in particular to the provisions allowing hybrid DBA arrangements (which combine a DBA with some other form of funding). Click here to read the post (or here for the Practical Law Dispute Resolution blog homepage).