Day: 4 July 2013

There appears to be considerable confusion as to the interrelationship between costs budgets and the indemnity principle. The normally infallible Dominic Regan, writing in Litigation Funding magazine, said: “Incidentally, there is no consolation for a party who, say, exceeds the budget on a given item by, for example, £10,000 – but miraculously comes in under…