Farol Holdings Ltd and Others v Clydesdale Bank plc [2024] Costs LR 649
[2024] Costs LR 649
Indemnity basis costs: it was appropriate to order indemnity basis costs where serious allegations, including of fraud, were made against the banks in order to attract more customers or former customers to join the litigation, with an interim payment discounted to reflect the level of counsel’s fees and duplication by solicitors.
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