Tharros Shipping Co Ltd and Den Norske Bank Plc v Bias Shipping Ltd [No 3]: 1995

The existence of a business relationship will not always lead the Court to expect a backer to accept liability for costs, e.g. if the financial backer is a bank lending money to a plaintiff, or as here an insurer but it will be a highly relevant consideration.’

Citations:

[1995] 1 Lloyd’s Rep 541

Jurisdiction:

England and Wales

Cited by:

CitedAbraham and Another v Thompson and Another CA 24-Jul-1997
The plaintiffs appealed an order that they should disclose who if any had funded their case. The case concerned failed business ventures in Portugal. . .
Lists of cited by and citing cases may be incomplete.

Costs

Updated: 06 December 2022; Ref: scu.183810