Interpleader action brought by a firm of solicitors holding monies entrusted to them on a stakeholder basis in connection with an agreement for the funding of substantial litigation brought in the Commercial Court. They seek the determination of the court as to whether and to whom they should now pay those monies, but have not otherwise taken any part in the proceedings, which are in effect a contest between the first defendants, who are the lenders under the agreement, and the third to fourth defendants, the last two of whom are the borrowers, the second defendants being the Borrower’s solicitors.
Judges:
David Donaldson QC
Sitting as a Deputy High Court Judge
Citations:
[2013] EWHC 1193 (Ch)
Links:
Jurisdiction:
England and Wales
Legal Professions
Updated: 15 April 2022; Ref: scu.515325
