The transcripts of the official inquiry into the culture, practices and ethics of the press. More…

And in that way, the number of actions could be minimised. CFAs put the boot on the other foot because now, if the lawyers assessed the case at a high enough prospect of success, they can get after the event insurance, they can mount the claim with prospects of recovery and then very, very high costs, and I well understand the argument, I don't need to be persuaded about that, which therefore led to the argument is a chilling effect on the press because now they were no longer in the powerful financial position that they had been in 20 years before, now the risk to them was of enormous cost at a time when their financial position was rather more parlous than it had been.

So I understand the argument. Of course, the concern that's been expressed in the Inquiry is that by changing the rules of CFAs, you may have had the consequence of moving the boot back onto the other foot again.

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