Tullett Prebon Plc & Ors v BGC Brokers LP & Ors

Tullett Prebon Plc & Ors v BGC Brokers LP & Ors

The matter was not straightforward and required examination of the issues in the damages assessment. The opposition by BGC indicated the complexity. The overall charge was not disproportionate, and the costs claimed by Tullett are payable by BGC.

Parties
Claimant: Tullett Prebon PLC; Claimant: Tullett Prebon Group Limited; Claimant: Tullett Prebon (UK) Limited; Defendant: BGC Brokers L.P.; Defendant: BGC Brokers GP Limited; Defendant: Anthony Neil Verrier; Defendant: Shaun David Carl Edgar Lynn; Defendant: James Robert Hall; Defendant: Robert Leslie Sully; Defendant: Paul James Bishop; Defendant: Steven Harry Harkins; Defendant: Mark Andrew Yexley; Defendant: James Vincent Bowditch; Defendant: Kevin Charles Maurice Cohen; Defendant: Pelham Ashley Temple; Defendant: James Terence Wilkes; Defendant: Gavin David Matthews
Jurisdiction
England and Wales
Judgment Date
29 November 2010
Procedural Posture
Civil / Costs Ruling After Interlocutory Application
Outcome
costs awarded to claimants
Legal Topics
Costs, Confidentiality Club, Disclosure
Civil Procedure Costs Confidentiality Club Disclosure

Case Brief

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Parties

Tullett Prebon PLC

Claimant

Tullett Prebon Group Limited

Claimant

Tullett Prebon (UK) Limited

Claimant

BGC Brokers L.P.

Defendant

BGC Brokers GP Limited

Defendant

Anthony Neil Verrier

Defendant

Shaun David Carl Edgar Lynn

Defendant

James Robert Hall

Defendant

Robert Leslie Sully

Defendant

Paul James Bishop

Defendant

Steven Harry Harkins

Defendant

Mark Andrew Yexley

Defendant

James Vincent Bowditch

Defendant

Kevin Charles Maurice Cohen

Defendant

Pelham Ashley Temple

Defendant

James Terence Wilkes

Defendant

Gavin David Matthews

Defendant

Procedural Posture

Civil / Costs Ruling After Interlocutory Application

Legal Issues

  1. 1 Whether the costs claimed by Tullett for the confidentiality club application are proportionate and payable by BGC

Ratio Decidendi

The matter was not straightforward and required examination of the issues in the damages assessment. The opposition by BGC indicated the complexity. The overall charge was not disproportionate, and the costs claimed by Tullett are payable by BGC.

Court Disposition

costs awarded to claimants

Orders

  • BGC to pay Tullett's costs assessed at £10,865