Our first notable costs result of 2010 fell short of a contested hearing.

Brief facts:

Libel claimant recovered nominal damages of £12,500 plus an apology.

Bill came in (including success fees and ATE premium) at a whopping £296,000.

Settllement in the week before a two-day detailed assessment  ……. £165,000.

Given the settlement included interest and the costs of the costs fight (a good eight months worth) this represented a major climbdown by the claimant.

No wonder media defendants are getting ready to test the water on a range of costs cases in the wake of the Jackson report. 

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