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The UK loser pays is essentially motion by motion, and doesn't normally recover more than 70% of your fees. This means that if you lose a lot before you win, y
by nullc 4y ago
The UK loser pays is essentially motion by motion, and doesn't normally recover more than 70% of your fees. This means that if you lose a lot before you win, you're screwed-- or even if you only win you're still screwed so long as the costs are great enough. 30% of your own legal costs on a case like this would be enough to ruin a lot of people.
You're also screwed if you run out of funding along the way-- which he'll try his damnedest to make happen, but won't work here.
It did, however, pretty much work in another lawsuit which should have been a win no easier than ours where the defendant ran out of money mid case and was forced to pull his defense and gain an almost automatic loss. Fortunately, he was able to prove on the way out that Wright brought the case on a fraudulent basis and his loss was reduced to 1 GBP (plus the 900k GBP he already owed from earlier stages, though with the potential for further reductions by a costs judge).