Interest on party party costs

From Allocatur to Incipitur We are now seeing the effect of the (not quite so) recent changes to the Civil Procedure Act 2005 being applied in cost assessments in relation to interest. S101(4) of the CPA now reads: (4) Unless the court orders otherwise, interest is payable on an amount payable under an order for…

Cautionary tale for solicitors who hold money on trust in Family Law proceedings

In Laurens v Laurens (No.2) (FCCA) 109,  delivered on 24 January 2017, the learned Judge commences his judgment with the very sentence “This is a cautionary tale for solicitors who hold money on trust for the benefit of both parties in family law proceedings”.  The solicitor in question acted for the wife in bitterly fought divorce…