By Maya Lester KC & Michael O’Kane

UK to stop licensing use of frozen funds for legal fees in defamation cases

On Thursday (30 March 2023), Baroness Penn, the UK Treasury Lords Minister, made a Written Ministerial Statement on HM Treasury’s internal review of applications for legal fees licences under sanctions regulations (see previous post). Baroness Penn said that: It is the Government’s view that in most cases, the use of frozen funds for payment of legal professional fees for defamation …

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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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