Proportionality: Size Doesn’t Matter

The RBS Rights Issue Litigation is a highly unusual and interesting case whereby the Claimant shareholders of the Royal Bank of Scotland are seeking to recover losses incurred relating to investments following the collapse of Royal Bank of Scotland shares on the grounds that the prospectus for the 2008 rights issue of shares in Royal…

Understanding the Costs of Arbitration

Due to continued cuts in Civil Justice and the strict mandatory cost budgets in civil litigation, there is an increased risk of delay, poor decisions, and non-recovery of costs even if a case is won. Arbitration is therefore an increasingly attractive option. A procedure in which parties are able to refer a dispute to a specialist…

The Importance of Costs Estimates

In the recent case of ENRC v Dechert , the Claimant successfully argued that there were “special circumstances” which justified there being a Detailed Assessment of invoices Under Section 70(3) of the Solicitors Act 1974 which states : Where an application under subsection (2) is made by the party chargeable with the bill— (a)after the…

Introducing: MRN’s Insight Blog

The nature of how law firms charge clients and make money is in flux. Many changes have already taken place and more are in the pipeline beyond 2016. Keeping one step ahead of the rules and the Judiciary is a sure-fire way of ensuring you are not caught out and remain profitable through challenging times.…

Merrix v Heart of England NHS Foundation Trust

PLEASE SEE UPDATE OF THIS CASE HERE In a Post-Jackson World Only One Thing is Close to Certain: the Height of the Ceiling Background Of the various desired outcomes of the Jackson reforms, ‘certainty of costs’ was amongst the forerunners. Of the numerous bodies who were consulted as part of the investigations there was universal agreement…

Fixed costs coming to Commercial Litigation

With the Jackson reforms bringing fixed costs to RTA, EL & PL claims, a Commercial Court Judge stated that a tariff of recoverable costs would likely be introduced in the commercial arena. Mr Justice Flaux was addressing litigators at the Law Society’s commercial litigation conference when he said ‘My own view is that where we are heading…