contact@cocoo.uk pw:Nightwish12@@ un:adivinorum pw:Nightwish12@@ business.plan [GDFOL: ]
As a perfect alternative to cases where we are not allowed to file a claim, like in e-curia.
gd.download.foc.assignent.adr.II.pdf gd.download.foc.assignment.adr.I.pdf
the simple assignment of claims between parties, especially in commercial contexts, often falls outside the CMR. However, businesses engaging in widespread claim acquisition or management should register. To send USPS without falling into CMR (claims management regulation), Cocoo Ltd should:
- Avoid communicating invitations or inducements. Emphasize the assignment of claims rather than their management, as assignment itself is governed by contract law rather than the CMR
- Focus on providing information about potential claims rather than actively seeking out claimants5.
- Avoid making direct approaches to individuals about specific claims5.
- Use non-intrusive, non-targeted advertising methods like general ads or publications5.
- Clearly state the purpose is to provide information, not to solicit claims5.
- Ensure proposals do not engage in regulated activities like referring claim details or identifying potential claimants
Regarding ownership and assignment of COAS(causes of action):
- Cocoo Ltd cannot own a cause of action before a claim is filed, unless it has been validly assigned the cause of action (coa). minimum requirements to own a cause of action typically include: Written assignment agreement signed by the original claimant, Clear identification of the claim being assigned, and Consideration for the assignment
- For a proposed opt-out collective claim before a CPO is granted: The cause of action is still owned by individual class members. No single entity owns the collective cause of action until the CPO designates a class representative. Representation letters alone are likely insufficient to transfer ownership
To validly assign claims, Cocoo Ltd would need explicit written assignments from individual claimants. For a collective action, this would be challenging before class certification. The proposed class representative cannot sell or assign the collective claim before being authorized by the court. INSTEAD OF OSCAR, Cocoo’s marketing department can approach potential victims with USPs, but must be cautious to avoid engaging in the CMR >> focus on: Informing potential victims of their right to claim. Presenting a strategy to obtain damages. Offering membership in Cocoo Ltd or support for Cocoo’s follow-on collective action (FOCOL). DIFF:
- Membership approach: Potential victims can become members of Cocoo Ltd >> Cocoo can then act as a litigant in person (LIP) on behalf of members…..BUT, this approach may face scrutiny regarding Cocoo’s ability to represent members’ interests
- FOCOL support: Cocoo can seek support for a collective action >> Cocoo would need to apply for a Collective Proceedings Order (CPO) >> If granted, Cocoo could claim on behalf of the class (not as LIP)3
- Assignment of claims: Assignments must be in writing and signed by the assignor >>is best for Cocoo (asignee) to also have a genuine commercial interest in the claim (it does as it is the competition.consumer.org). Pre-existing interest is not strictly required, but may strengthen the case4
- Re-assignment to lawyers: Cocoo can re-assign claims to lawyers if necessary. This may be subject to contractual restrictions in the original assignment1
-For Cocoo Ltd to register as a UK Claims Management Company (CMC): Application fee: £2,000 one-off, plus annual fees. register : https://www.fca.org.uk/firms/claims-management-regulation/apply
-assignment of claims is not entirely regulated by the CMR >> CMR registration is not always necessary for assigning or being assigned claims: the assignment of contractual rights, including claims, is generally governed by contract law and property law principles. Parties can assign claims without needing to register as claims management companies….but seeking out potential claimants or managing claims, may fall under CMR
-Specific sectors: Claims management regulations primarily focus on certain sectors, such as financial services and personal injury claims>> Assignment of potential clp.tort.dam.claims is not the CMR primary focus, but consumer law is a cmr focus.
-solicitors are exempt from claims management regulations when carrying out activities in the ordinary course of legal practice.
- the claim management activities are part of your regular legal work for Cocoo Ltd, they may fall under the exemption. However, if these activities go beyond the ordinary course of legal practice, they might require regulation6.
- Marketing and assignments: These activities may not be considered part of the ordinary course of legal practice, especially if they involve seeking out or referring potential claimants26.
- Conflicts of interest: You must be cautious about potential conflicts between Cocoo Ltd’s interests and those of the claimants