EXTRAORDINARY AMOUNT OF COSTS CAUSES JUDGE GREAT CONCERN: RBS COSTS ESTIMATES GREATLY EXCEEDED – NOW £129 MILLION

The RBS Rights Issue Litigation is clearly a major and unusual case.  However costs have to be reasonable and proportionate even (and perhaps especially) in this type of litigation. This is made clear in the judgment of Mr Justice Hildyard in the judgment today at [2017] EWHC 1217 (Ch). "…the touchs...