Sharratt v London Central Bus Co [2003] EWHC 9004 (Costs) (30 July 2003)

Sharratt v London Central Bus Co [2003] EWHC 9004 (Costs) (30 July 2003)

The recoverable premium for 2001 Lloyd's ATE insurance, including swing premium and IPT, is set at £525 as this amount is within the bracket of what is reasonable and proportionate in all the circumstances, reflecting the operation of the swing premium but avoiding a disproportionate result for straightforward cases settled pre-proceedings.

Citation
[2003] EWHC 9004 (Costs)
Parties
Claimant: Claimants; Defendant: Defendants
Jurisdiction
England and Wales
Judgment Date
30 July 2003
Procedural Posture
Costs Assessment (test Cases) / Post Judgment, Determination of Recoverable Insurance Premium
Outcome
Recoverable premium for 2001 Lloyd's ATE insurance set at £525 including swing premium and IPT.
Legal Topics
Recoverability of Insurance Premiums, Reasonableness and Proportionality of Costs, Conditional Fee Agreements, After the Event (ate) Insurance, Swing Premium Calculation

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Parties

Claimants

Claimant

Defendants

Defendant

Procedural Posture

Costs Assessment (test Cases) / Post Judgment, Determination of Recoverable Insurance Premium

  1. 1 What is the recoverable amount of the swing premium for 2001 Lloyd's ATE insurance policies under Section 29 of the Access to Justice Act 1999?
  2. 2 How should reasonableness and proportionality be applied to the calculation of recoverable premiums in costs-only proceedings?

Ratio Decidendi

The recoverable premium for 2001 Lloyd's ATE insurance, including swing premium and IPT, is set at £525 as this amount is within the bracket of what is reasonable and proportionate in all the circumstances, reflecting the operation of the swing premium but avoiding a disproportionate result for straightforward cases settled pre-proceedings.

Court Disposition

Recoverable premium for 2001 Lloyd's ATE insurance set at £525 including swing premium and IPT.

Orders

  • Claimants may recover £525 per case for 2001 Lloyd's ATE insurance premium from the paying party.