Welcome Guidance on Revising Cost Budgets

Sharp v Blank and others [2017] EWHC 3390 (Ch)  In Sharp v Blank and others [2017] EWHC 3390 (Ch) Chief Master Marsh provided some helpful guidance on revising cost budgets and what constitutes a “significant development”. Approximately 5,800 Claimants are bringing an action against former directors of TSB and Lloyds.  The Trial is underway having commenced on…

Changes to the Costs of Costs Budgeting

The 93rd Update on Practice Directions Changes have been made to the costs that can be recovered in relation to the cost budgeting process. The 93rd update on Practice Directions amendments came into force on 22 November 2017 and will apply to all cases subject to cost budgeting. Costs Practice Direction 3E, paragraph 7.2 formerly read;…