Joanna Lemos & Ors v Church Bay Trust Company Limited & Ors
[2023] EWHC 157 (Ch)
Assessment of costs budgets in accordance with the Civil Procedure Rules (CPR).
CPR 3.15A(1)
Reasonableness and proportionality of costs.
Implicit in the judge's assessment
Claimants' revised costs budget approved, subject to reduction in trial preparation and trial phases to £700,000.
The court found the original Claimants' figures too high considering the claim value and trial length, despite acknowledging the complexity and fraud allegations.
IGD Defendants' and PM's costs budgets approved without further deduction.
The court found the budgets reasonable and proportionate.
IGD Defendants and PM awarded costs of £3,500 each for dealing with the Claimants' revised Precedent H.
The court attributed the additional work to errors in the Claimants' initial budget.
The order will record that the approved Claimants' costs budget is a combined budget for two proceedings.
The claims were case managed together and had a joint trial.
[2023] EWHC 157 (Ch)
[2024] EWHC 1788 (Admin)
[2023] EWHC 3032 (SCCO)
[2024] EWHC 1178 (Ch)
[2023] EWHC 369 (Pat)