FLOODS OF QUEENSFERRY LTD v (1) SHAND CONSTRUCTION LTD (2) WINWARD FEARON

[2003] Lloyd's Rep IR 181

COURT OF APPEAL

Before Dame Elizabeth Butler-Sloss, President Lord Justice Buxton and Lady Justice Hale

Costs - Whether director of company should be ordered to pay costs of unsuccessful action brought by company - Whether company’s solicitors should be ordered to pay costs - Conditional fee agreement - Supreme Court Act 1981, section 51 - Insurance (legal expenses) - Whether proceeds of policy assigned to claimants’ solicitors - Proceeds paid into Court by insurers - Whether Court had jurisdiction to order sums to be applied to meet costs award.