Discount rate & PPO legislation passes stage 1

The Scotland-specific legislation was discussed by the Parliament in yesterday’s Stage 1 debate on its general principles.  The Minister in charge, Ash Denham MSP, bookended the debate during which a number of points were highlighted for further scrutiny at subsequent stages, including moving the frequency of rate reviews to a five-year cycle.

Continue reading

Progress on discount rate & PPO legislation in UK and Ireland

This blog captures recent developments in legislation affecting damages for future losses in personal injury claims in the three UK jurisdictions and in Ireland. As might be expected, there are marked differences in approach and some are moving faster than others.

Continue reading