By Maya Lester KC & Michael O’Kane

HM Treasury to review process for granting legal fees licences to DPs

The Exchequer Secretary to the Treasury James Cartlidge MP said in Parliament on Wednesday that: In taking licensing decisions for reasonable professional fees, OFSI scrutinises the reasonableness of costs, including hourly rates and disbursements. OFSI does not consider it appropriate for HM Treasury to decide whether a case has sufficient merit to be permitted to proceed by deciding whether to …

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About Michael O'Kane

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Michael is Senior Partner at Peters & Peters Solicitors LLP. He has acted in many of the most high profile and sensitive business crime cases of the last 25 years, at Peters &...

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