High Court compensates winning party for impact of falling exchange rate on costs – Litigation Futures

Posted January 23rd, 2017 in compensation, costs, economic loss, news by sally

‘The High Court has awarded a successful German claimant an extra £20,000 in costs to compensate for the impact of the falling value of sterling against the euro – especially since the EU referendum vote – as it had to convert euros into pounds during the case to pay its solicitors.’

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Litigation Futures, 19th January 2017

Source: www.litigationfutures.com