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Reading, writing… hold the arithmetic

05 May 2021 / Dominic Regan
Issue: 7931 / Categories: Features , Costs , Procedure & practice
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Numerical nightmares & conjured-up counterclaims: Dominic Regan counts the costs of some headline headaches

Many an innumerate lawyer will admit that they chose their profession—or it chose them—because they were terrified of accountancy. Nevertheless, numbers big and small are the stock in trade of law. What follows are the numbers that have caught my eye over the years.

£453,576,152 was awarded to Mrs Akhmedova in December 2016, following her divorce from a Russian oligarch. He has not paid up, and we have just seen the claimant secure an award of £75m against her son, who was found to have helped his father put assets beyond the reach of his mother (Akhmedova v Akhmedov and others [2021] EWHC 545 (Fam)).

£104,707,772.72 was largest ever known bill of costs and the subject of appeal in Motto v Trafigura Ltd [2011] EWCA Civ 1150, [2011] All ER (D) 138 (Oct). Lord Neuberger, then Master of the Rolls, noted at para [26] of the judgment that the defendant was ‘dismayed’ to be presented

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MOVERS & SHAKERS

CBI South-East Council—Mike Wilson

CBI South-East Council—Mike Wilson

Blake Morgan managing partner appointed chair of CBI South-East Council

Birketts—Phillippa O’Neill

Birketts—Phillippa O’Neill

Commercial dispute resolution team welcomes partner in Cambridge

Charles Russell Speechlys—Matthew Griffin

Charles Russell Speechlys—Matthew Griffin

Firm strengthens international funds capability with senior hire

NEWS
The proposed £11bn redress scheme following the Supreme Court’s motor finance rulings is analysed in this week’s NLJ by Fred Philpott of Gough Square Chambers
In this week's issue, Stephen Gold, NLJ columnist and former district judge, surveys another eclectic fortnight in procedure. With humour and humanity, he reminds readers that beneath the procedural dust, the law still changes lives
Generative AI isn’t the villain of the courtroom—it’s the misunderstanding of it that’s dangerous, argues Dr Alan Ma of Birmingham City University and the Birmingham Law Society in this week's NLJ
James Naylor of Naylor Solicitors dissects the government’s plan to outlaw upward-only rent review (UORR) clauses in new commercial leases under Schedule 31 of the English Devolution and Community Empowerment Bill, in this week's NLJ. The reform, he explains, marks a seismic shift in landlord-tenant power dynamics: rents will no longer rise inexorably, and tenants gain statutory caps and procedural rights
Writing in NLJ this week, James Harrison and Jenna Coad of Penningtons Manches Cooper chart the Privy Council’s demolition of the long-standing ‘shareholder rule’ in Jardine Strategic v Oasis Investments
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