Fundings Flashcards
1
Q
Different types of funding :
A
Before the event insurance
Damages based agreement ( DBA)
Conditional fee agreement (CFA)
Privately fund
Qualified One way Costs Shifting(QOCS) PI
2
Q
Before the event insurance :
A
Check whether she has any before the event insurance either through her road traffic or home insurance policies.
3
Q
Conditions fee agreement :
A
• They would only have to pay our fees if the case was successful.
• We would, of course, have to explain the success fee
• Although we would reassure her that in a personal injury case this would be capped at 25% of the damages (excluding future loss)
4
Q
Qualified one way costs agrement :
A
If they lost the case he would only have to pay the other side’s costs in limited circumstances.
