English judiciary establishes a specialist court for the financial markets
24 September 2015
Conscious of the international competition for contentious business, the High Court in England is setting up a specialist Financial List, in which disputes will be determined by judges with expertise in the financial markets. The Financial List will also offer the possibility of deciding test cases of importance to the financial markets even though there is no live dispute. The English courts are also setting up a Shorter and Flexible Trials Pilot Scheme pilot scheme to see if litigation procedures can be abbreviated so as better to meet the parties' needs.