i-law

Litigation Letter

Indemnity basis

Phoenix Finance Ltd v Federation International de l’Automobile and others[2003] CP Rep 1 ChD; [2002] EWHC 1028 (Ch)

Applications for interim relief against the defendants having been dismissed, it was agreed that they should get their costs but the second and third defendants applied for costs to be assessed on the indemnity basis rather than the usual standard basis.

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