The Privy Council has refused to grant Clico policyholder Percy Farrell and others special leave to file an appeal against a ruling of T&T’s Court of Appeal that they had no right to an interim cost order, which would have meant that their legal costs would have been covered by the State.
The Law Lords also set aside an earlier decision that the claimants should be treated as “financially assisted persons.” The Privy Council stated that permission to appeal was refused “because the application does not raise an arguable point of law.”
The Law Lords also set aside an earlier decision that the claimants should be treated as “financially assisted persons.” The Privy Council stated that permission to appeal was refused “because the application does not raise an arguable point of law.”
A statement from the office of Attorney General Anand Ramlogan Friday stated that the ruling means that Farrell and others “shall now be liable to pay the State its legal costs at several levels of litigation.”
The statement noted that Farrell and others have lost at every stage of the judicial ladder. “As a consequence of the decision, issues are likely to arise amongst the policyholders as to how the mounting legal bill for costs would be met.
"The State has the benefit of the option of using the legal process to enforce the orders of costs including making a deduction from monies in the assets held by Farrell and others.”
Read the full story in the GUARDIAN MEDIA
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