Sharp v Blank & Ors
The court has jurisdiction under PD3E 7.6 to revise a costs budget retrospectively, taking the last approved or agreed budget as the base reference point. Costs incurred since that date relating to significant developments are placed in the estimated columns of the revised budget. Significant developments must be...
Source-derived case information.
- Parties
- Claimants: John Michael Sharp (and the claimants listed in the group litigation register); Defendant: Sir Maurice Victor Blank; Defendant: John Eric Daniels; Defendant: Timothy Tookey; Defendant: Helen Weir; Defendant: George Truett Tate; Defendant: Lloyds Banking Group PLC
- Jurisdiction
- England and Wales
- Judgment Date
- 21 December 2017
- Procedural Posture
- Group Litigation / Ruling on Application to Revise Costs Budget During Trial
- Outcome
- Application granted in part
- Legal Topics
- Costs Budgeting, Significant Developments, Revision of Costs Budgets, Practice Direction 3 E, CPR Part 3
Source-derived case record
Summary, issues, holding and outcome
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Parties
John Michael Sharp (and the claimants listed in the group litigation register)
Claimants
Sir Maurice Victor Blank
Defendant
John Eric Daniels
Defendant
Timothy Tookey
Defendant
Helen Weir
Defendant
George Truett Tate
Defendant
Lloyds Banking Group PLC
Defendant
Procedural Posture
Group Litigation / Ruling on Application to Revise Costs Budget During Trial
Legal Issues
- 1 Whether the court has jurisdiction to revise costs budgets retrospectively under PD3E 7.6
- 2 What constitutes a significant development for costs budget revision
- 3 Whether interim applications can be significant developments under PD3E 7.6
Ratio Decidendi
The court has jurisdiction under PD3E 7.6 to revise a costs budget retrospectively, taking the last approved or agreed budget as the base reference point. Costs incurred since that date relating to significant developments are placed in the estimated columns of the revised budget. Significant developments must be assessed in context, and interim applications may also constitute significant developments. The extension to the trial timetable, additional disclosure, and new expert evidence were significant developments warranting budget revision; other items were not.
Court Disposition
Application granted in part
Orders
- Defendants' costs budget to be revised in relation to extension of trial timetable, additional disclosure, and new expert evidence (items 1, 2, 3, 4) in specified sums.
- No revision allowed for items 5, 6, and 7.
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