« Back to all posts

NEWSFLASH: Gascoigne Halman ordered to pay Agents’ Mutual interim costs of £1.24m

ON THE MARKET

Gascoigne Halman has been ordered to make an interim costs payment of £1.24m within 14 days to Agents’ Mutual, but the contract issue of the dispute has been stayed pending an application for appeal.

Chairman Mr Justice Marcus Smith said the agent must pay the costs of the CAT and said a full payment would be subject to a detailed assessment in “due course.”

This figure would be submitted and considered by a costs judge.

Separately, Agents’ Mutual will also be refunded its “fortification” payment of £1m that was paid into court last summer.

Gascoigne Halman agreed to make the payment in 14 days. The agent had also argued that the rest of the case at the high court should be stayed pending any application for appeal.

Lord Justice Smith agreed with this and ruled the non-competition proceedings would be stayed pending any appeal.

Hamilton Fraser NSLANDMARK NSjobs board nsEXPERT AGENT NSTM trainingNFOPP SkyscraperArena Push news story pages

[ comments ]

Source:: NEWSFLASH: Gascoigne Halman ordered to pay Agents’ Mutual interim costs of £1.24m