Interim Costs
This is likely to occur in the following situations:
- Where a Party has agreed or is ordered to pay towards the other Party's costs in an on-going case, or
- Where the case has finished and, due to previously supplied costs estimates, the losing Party has an idea of the likely costs that have been incurred
one Party pays the other a sum up-front before costs have been finally assessed or agreed.
Read more about this topic: Costs (English Law)
Famous quotes containing the words interim and/or costs:
“If I be left behind,
A moth of peace, and he go to the war,
The rites for which I love him are bereft me,
And I a heavy interim shall support
By his dear absence. Let me go with him.”
—William Shakespeare (1564–1616)
“Pride can go without domestics, without fine clothes, can live in a house with two rooms, can eat potato, purslain, beans, lyed corn, can work on the soil, can travel afoot, can talk with poor men, or sit silent well contented with fine saloons. But vanity costs money, labor, horses, men, women, health and peace, and is still nothing at last; a long way leading nowhere.—Only one drawback; proud people are intolerably selfish, and the vain are gentle and giving.”
—Ralph Waldo Emerson (1803–1882)