|
Re: Harry (formerly known as Prince) and Megan
Quote:
Originally Posted by pip08456
The total insurance [the claimants] have got, according to what they've told the court, is £16.5m. So in theory, the claimants personally are liable for the difference between that figure covered by insurance and the £34.5m.
|
"Up to £34.5 million"
Quote:
They had insurance to cover up to £16.2m of Association Newspapers' costs in the event of losing the case - but Friday's ruling means the newspaper group could now try to recover up to the £34.5m that it said it had to spend to defend itself. This means the duke and others could face a bill of some £18m.
Justice Nicklin said: "I regard a claim for costs in excess of £34 million as, on its face, excessive and as giving rise to real concerns as to whether all of the costs now claimed by Associated were reasonably incurred and are reasonable in amount."
But he added he had "decided not to impose a ceiling on Associated's recoverable costs", as it would "be too broad-brushed, would risk unfairness, and would be vulnerable to the charge that it was arbitrary".
The judge also ruled that ANL's costs should be determined on an indemnity basis, which is more favourable to the publisher in terms of the amount it can recover, aside from where orders had already been made.
|
https://www.bbc.co.uk/news/articles/c04kwr9r1zlo
__________________
Thank you for calling the Abyss.
If you have called to scream, please press 1 to be transferred to the Void, or press 2 to begin your stare.
If my post is in bold and this colour, it's a Moderator Request.
|