Ruling (Costs)

Ruling of the Tribunal following applications by the BCL and Grampian Defendants for their costs in the proceedings. In relation to the costs incurred in successfully defending the applications to extend time in both the BCL and Grampian Claims, the Tribunal concluded that the Defendants should be awarded their reasonable costs, such costs to be the subject of detailed assessment if not agreed. The Tribunal’s conclusion in relation to the costs incurred in arguing the preliminary issue before the Tribunal was that the just result was for each side to bear their own costs as the proceedings clarified an important issue regarding the proper construction of section 47A and rule 31(2) of the Tribunal Rules. Finally, the Tribunal held that each party should bear their own costs of the initial stages of the proceedings.