- December 13, 2021
Flawed fraud and indemnity costs – La Cotte v Sovereign Steel Stockholders
Indemnity costs are always a hard fought battle, generally following hard won litigation. It is obvious why: the indemnity basis means a receiving party is not held to their approved budget and is therefore likely to recover significantly more than on the standard basis (Burgess v Lejonvarn, paragraphs 89 – 93).