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Costs – Order for costs. A group litigation was brought by shareholders of the Royal Bank of Scotland in respect of the rights issue of its shares, which offered shareholders the opportunity of buying new shares at a discount to the current trading price. Following case management hearings, the Chancery Division considered whether costs sharing orders were to be made and the terms on which they ought to be made.
Costs – Order for costs. A group litigation was brought by shareholders of the Royal Bank of Scotland in respect of the rights issue of its shares, which offered shareholders the opportunity of buying new shares at a discount to the current trading price. Following case management hearings, the Chancery Division considered whether costs sharing orders were to be made and the terms on which they ought to be made.
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