I want to explain the basics of the new
Business and Property Courts of England and Wales. It’s really important that our
specialist courts continue as Brexit approaches to offer world-class dispute
resolution services. That is why we are bringing the Chancery Division the
Commercial Court and the Technology and Construction Court under the umbrella of
the Business and Property Courts. The advantages are obvious. The new name is
intelligible and explains exactly the work we do. The Business and Property
judges offer a huge breadth of expertise in insolvency and companies, commercial
work, intellectual property, financial services and markets, information
technology and a spectrum of other business and property areas. The business
and property courts will create greater connectivity between London and the
regional centres in Manchester, Leeds Birmingham, Bristol and Cardiff. Newcastle
and Liverpool will be added in due course. There will be a new litigation
superhighway for business litigation between London and the regions. The
Business and Property Courts will allow more flexible deployment of judges so as
to maximize the use of their expertise. Within the Business and Property Courts
there will be 10 specialist courts and lists which you will see when you sign
on to CE-file to issue proceedings. They will be the Admiralty Court, the Business
List in the Chancery Division, the Commercial Court, the Insolvency and
Company List, the Competition List, the Financial List, the Intellectual
Property List – which will include the Patents Court and IPEC – the Property
Trusts and Probate List, the Revenue List and the Technology and Construction
Court. The Business and Property Courts will build on the reputation and
standing of the Commercial Court, the TCC and
courts of the Chancery Division while allowing for the familiar procedures and
practices of those jurisdictions to be retained.