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<p /> <p /> <p>In April 2011 the Government published an Impact Assessment in relation
to the reforms set out in Part 2 of the Legal Aid, Sentencing and Punishment of Offenders
(LASPO) Act 2012.</p><p> </p><p>It explained that whilst there may be a reduction
in the number of cases brought where no win no fee conditional fee agreements are
used, overall the LASPO reforms will tackle excessive costs. The Government does not
propose to update the Impact Assessment in relation to insolvency proceedings.</p><p>
</p><p>The LASPO reforms will apply to insolvency proceedings from April 2015. As
provided in the Act, implementation will be by way of Commencement Order.</p>
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