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05 May 2021 / Dominic Regan
Issue: 7931 / Categories: Features , Costs , Procedure & practice
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Reading, writing… hold the arithmetic

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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

Walkers—Muriel Marseille

Walkers—Muriel Marseille

Ashurst's Chief Risk Officer joins Walkers

Excello Law—John Osborne

Excello Law—John Osborne

Northern family lawyer John Osborne joins Excello

mfg Solicitors—Rebecca Rogers, Kennedy Langley & Victoria Griffiths

mfg Solicitors—Rebecca Rogers, Kennedy Langley & Victoria Griffiths

Trio of promotions announced at Kidderminster law firm mfg Solicitors

NEWS
A sole director can conspire with their own company for the purposes of the tort of unlawful means conspiracy, the High Court has ruled in a judgment with potentially wide implications for business disputes
The Court of Appeal has reinforced that domicile depends on intention rather than residence alone, in a significant post-Brexit ruling on cross-border financial remedy claims
The Chancery Division's long history comes to an end this autumn as it is reborn as the Business and Property Division, prompting questions over whether the shake-up is really necessary
The Financial Conduct Authority (FCA) continues to show that failing to disclose regulatory issues can attract harsher consequences than the original misconduct itself
Rejecting a generous settlement can prove an expensive mistake, as two recent high-profile cases demonstrate
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