Orrick and Withers lose at High Court as Excalibur funders forced to pay £23m costs
The explosive $1.6bn oil row between Excalibur Ventures and Texas and Gulf Keystone took a new turn yesterday (23 October) when the High Court ruled the third-party funders backing the case were liable for indemnity costs. A raft of nine funding bodies who put up money for the failed claim brought by Clifford Chance client […]