Court Overhaul in London
On the 9th October 2017, HM Courts and Tribunals Service and the City of London Corporation announced plans for a new 18 courtroom facility, which is to be located on or near Fleet Street.
This would be to replace the existing courts in London including the City of London Magistrate’ Court. The new court will focus on Fraud and Cyber-crime however will hear other criminal and civil cases.
At the moment limited information is available as to how the new court would work in practice. The City of London Corporation will look at possible funding sources and commission a feasibility study which they are expecting to complete in early 2018.
City of London have said “the court’s close proximity to some of the world’s leading technology, financial and professional services firms in the Square Mile will enable the judiciary to be at the forefront of tackling criminal activity and resolving disputes. It would also benefit from its position near the Rolls Building, the Royal Courts of Justice, Old Bailey and Inns of Court.”
Catherine McGuinness, policy chairman of the City of London Corporation said; “Our legal system has been an example to the rest of the world. Playing host to some of the world’s leading regulators, financial services and tech firms, the City is a natural choice to house this modern judicial centre. This proposal will make sure London continues to set the highest legal standards domestically and internationally. Our rule of law is one of the many reasons why London is the number one financial centre in the world and this new court will add to our many existing strengths”
The exact location of the court will be announced in due course.
More information can be found at: https://www.lawgazette.co.uk/news/flagship-court-plan-for-city-of-london/5063141.article