High Court compensates winning party for impact of falling exchange rate on costs – Litigation Futures
‘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.’
Litigation Futures, 19th January 2017
Source: www.litigationfutures.com