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The recoverability of counsel’s fees and the fees of accountants (Deutsche Bank AG v Sebastian Holdings Inc)

The recoverability of counsel’s fees and the fees of accountants (Deutsche Bank AG v Sebastian Holdings Inc)
Published on: 22 June 2020
Published by: LexisPSL
  • The recoverability of counsel’s fees and the fees of accountants (Deutsche Bank AG v Sebastian Holdings Inc)
  • What are the practical implications of this case?
  • What was the background?
  • What did the court decide?
  • The accountant’s fees
  • Counsel’s fees
  • Case details

Article summary

Dispute Resolution analysis: Master Gordon-Saker has reviewed a number of principles and authorities relating to the fees of counsel and the fees of accountants, this being in the context of what he called ‘titanic litigation involving huge sums of money’. The fees involved were substantial (in the millions or tens of millions). While few new points of law arose, Master Gordon-Saker confirmed several important principles of assessment. Written by Dr Mark Friston, barrister at Hailsham Chambers and general editor of Friston on Costs. or take a trial to read the full analysis.

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