Adris & Others v Royal Bank of Scotland [2010] EWHC 941 (QB)
7th June 2010
Adris & Others v Royal Bank of Scotland [2010] EWHC 941 (QB)
Adris & Others v Royal Bank of Scotland [2010] EWHC 941 (QB)
Julie-Anne Luck successfully defended the sole director/sole shareholder of a claims management company in High Court applications for "non party costs orders", brought by the Royal Bank of Scotland Plc ("HBOS"), Lloyds TSB Bank Plc, bank of Scotland Plc, NatWest Bank Plc and Marks and Spencer Financial Services Plc (HSBC). The applications arose in relation to costs consequential to an earlier judgement given in Carey v HSBC and Other [2009] EWHC 3417 (QB) - which dealt with issues arising in a large number of cases relating to S78 of the Consumer Credit Act 1974, and also Teasdale v HSBC [2010] EWHC 612. The applications were triggered by the discovery that the Claiments in the failed/discontinued consumer credit actions did not have the benefit of 'after the event insurance' in respect of the Banks' costs. Following the hearing of extensive oral evidence, and the consideration of detailed written submissions, HHJ Waksman dismissed the applications brought against the sole director/shareholder. Julie-Anne successfully sought an Order requiring the banks meets the costs of dismissed applications.
Contact: Maria Rushworth