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Costs: Interesting times
After the discount rate cut, Paul Jones predicts increased legal disputes over interest on legal costs ‘Interest on legal costs is calculated from the date of the order giving a party the right to costs, rather than the date when those costs were assessed, the so-called incipitur rule.’While the legal and insurance professions come to …
Cases Referenced
Cases in bold have further reading - click to view related articles.
- Fiona Trust & Holding Corporation v Privalov [2011] EWHC 1312 (Comm)
- Gray v Toner (unreported, 11 November 2010, Liverpool CC)
- Hunt v R M Douglas (Roofing) Ltd [1990] 1 AC 398
- Involnert Management Inc v Aprilgrange Ltd [2015] EWHC 2834 (Comm)
- Powell v Herefordshire Health Authority [2002] EWCA Civ 1786
- Schlumberger Holdings Ltd v Electromagnetic Geoservices AS [2009] EWHC 773
- Simcoe v Jacuzzi UK Group plc (unreported; 9 June 2011; Leeds CC); [2012] EWCA Civ 137
- Yae Essaie Moto v Trafigura [2011] EWHC 90206 (Costs)