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I have to say, reading some of the posts below makes disturbing reading. But isn't it the case 8 Feb 19:19 that the ATE "premiums" weren't actually received by the insurers yet a policy was supposedly in place which could not be claimed against ? The entire arrangement is a sham. When people are being struck off for comparative misdemeanours while fake premiums are dressed up as marketing costs with back-handers here and there, then an industry-wide clean-out is needed. That should be quite easy for the SRA to arrange. In 2006, I was working outside the UK and spoke to an overseas litigation funder who had closed their entire UK operation down within a month. I happened to speak to their main director and asked him the reason for the sudden departure from the UK. His response was (when referred to the PI industry), "the entire system in the UK is corrupt." By this, he was specifically referring to PI law firms. The FCA, SRA and Law Society should all be co-operating to end the shams and it's more than surprising they haven't done so already.

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