Thursday, 22 December 2011

Fuck you in arse Trafigura, a lot of good your injunction did. £9,677,554 ATE Premium recoverable

As we all know (because the Texas tort reform post is below, sheesh! pay attention, it's just tits and hilarious rapey jokes.... and huge gaps when I get obsessed with something shiny) In the UK, the usual rule is that the loser of a civil court case has to pay the legal costs of the winner. 


Now globally acknowledged uber khunts Trafigura, of the poisoning Africans to make a quick buck, taking out super-injunctions to stop anyone calling them on their bullshit, variety have fought what are in essence 3 trials about legal costs to try to trim down the costs of Leigh Day (sols for various poisoned claimants). 


Anywhose, there has been a full on cripple fight over whether the deffered insurance premium of 9 and a half million quid was reasonable and could be recovered in full. Generally these things cover a poor claimant for the cost of the defendant if they lose, the claimant can't pay the premium up front so the insurer carries the risk of losing the case and not getting its premium along with the risk of paying the otherside's costs (which were something like £14, allegedly, I bet they'd have been about £200 million if they had won but that is an issue for a different hate rant). 


So fcuk you Trafigura (who are quite possibly insured and will barely feel this but fcuk them anyway) I hope it was worth it. 

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