Sat11182017

Last updateTue, 24 Feb 2015 5pm

Maura McIntosh summarises a currency-sensitive judgment

When assessing the costs to which a German claimant was entitled on having succeeded in its patents claim in the English High Court, the court in Elkamet Kunststofftechnik GmbH v Saint-Gobain Glass France SA [2016] has awarded an additional sum of £20,000 to compensate for the claimant’s exchange rate loss on payments to its solicitors, particularly in light of the significant fall in the value of sterling against the euro since the EU referendum result.

Additional Info

  • Case(s) Referenced:

    Elkamet Kunststofftechnik GmbH v Saint-Gobain Glass France SA [2016] EWHC 3421 (Pat)

    Miliangos v George Frank (Textiles) Ltd [1976] AC 443