From the press release on the Judiciary website:
“From June of this year, the specialist civil courts are to be known as the “Business and Property Courts of England and Wales”.
The Business and Property Courts will be the new name for England and Wales’ international dispute resolution jurisdictions and will act as a single umbrella for business specialist courts across England and Wales.
It will encompass the specialist courts and lists of the High Court:
- the Commercial Court, (including the Admiralty Court),
- the Technology and Construction Court (“TCC”), and
- the courts of the Chancery Division (including those dealing with financial services, intellectual property, competition, and insolvency).
The new arrangements will preserve the familiar practices and procedures of these courts, whilst allowing for more flexible cross-deployment of judges with suitable expertise and experience to sit on appropriate business and property cases.”