“…, however, they can give rise to very substantial satellite litigation. A recent example is Fiona Trust and Holding Company v Privalov [2014] EWHC 3102 (Comm); [2016] EWHC 2163 (Comm); [2016] EWHC 2451 (Comm); [2016] EWHC 2657 (Comm), in which issues in relation to the inquiry took over 10 days to hear and the defendants’ costs were of the o…”
“…past have happened, rather than a prediction of future events. AssetCo relied on the decision of Males J in Fiona Trust & Holding Corporation v Privalov (No 2) [2016] EWHC 2163 (Comm)[2017] 2 All ER 570, [2017] 2 All ER 570. The judge rejected AssetCo’s submission. Fiona Trust was a case where the claimant was seeking damages for lost profit…”