Chapter 2

Question 1

What is limitation

Answer 1

“Time barred”
Limitation Act 1980
Time limits relating to time between and cause of action and the commencement of litigation resting to that event

Question 2

Limitation period for
PI
Tort claims
Contract Claims

Answer 2

3(doesn’t start till 18)
6
6

Question 3

Types of funding

Answer 3

Private funding
Legal expenses insurance
Sponsoring organisations 
Conditional fee agreements 
Damage based agreements 
Qualified one way cost shifting 
Litigation funding agreements and voluntary code of funding 
Legal aid

Question 4

6 comparisons of CFA’s and DBA’s

Answer 4

1. CFA’s are enhanced rate, DBA’s are percentage of damages
2. Success fee and contingency fee limited to 25% of damages in PI cases
3. Success fee (CFA’s) is limited 100% but contingency(DBA’s) limited to 50%
4. Both - client don’t pay solicitor if lost
5. Neither cover opponents costs or disbursements
6. Both just be in writing