A week ago I posted that Leigh Day, the company that sued Trafigura on behalf on alleged Ivorian victims, had claimed costs of £105M from Trafigura. Unsurprisingly, Trafigura will contest these charges.
“The Lawyer” carries an article by Katy Dowell.
Simon Nurney, a partner in Macfarlanes, the law firm which represented Trafigura, said the sum is “wholly unjustified”.
The article finishes by saying,
“Last week Leigh Day submitted a £105m costs estimate to the court, including a 100 per cent uplift on £45m in legal fees and a £10m legal expenses insurance premium.”
I am not taking sides in this part of the dispute but, from the outside, the fees claimed seem extraordinary.
[Thanks, Katy, for this]