Sign up to The Irish Times Archive (1859 - 2008)My Account »

PROMINENT ECONOMIST Colm McCarthy has called for debate on the structure of damages payments in personal injuries cases, arguing that lump-sum payouts may not be the best option.

Addressing a briefing at Beauchamps Solicitors in Dublin yesterday, Mr McCarthy said the lump-sum system was flawed and suggested “structured settlements” may be a good alternative.