Ask a Law Question, Get an Answer ASAP!
Hello, and thank you for your question. I am your Expert and I will provide the answer you require.
1. I regret to say that if you have legal fees of 140-200,000 pounds levied against you by the court and you cannot pay, then you will essentially have to declare bankruptcy and seek to sell your assets to pay wha tyou can, whilst getting a discharge from paying all the fees that are owing. This is a common situation where someone has gambled upon litigation going their way but when it turns out sour, then the only alternative is bankruptcy. So, you should see an Insolvency Practitioner and discuss options with him as Withers and their client might be willing to do a deal on fees should you lose whereby the would avoid making you bankrupt. Essentially, you should seek to get the court to limit the award of legal costs but you should also negotiate with the other side to see if they will take only a proportion of the fees due.
2. If you require any clarification or if there is additional information you require about your question I am happy to answer whatever further queries about the issue you might have.
3. Your solvency should not be an issue in the litigation. By making it so, it suggests that Withers and their client view this as the best way in which to get you to withdraw your claim or to force you into a settlement, when you have a good case. So, just treat these arguments with pinch of sale. They are essentially attempting to frighten you into abandoning your litigation.
4. Be aware that only interim costs orders can be made at the injunction stage. It will only be at the final hearing of the action that the legal costs you speak about will get dealt with.
5. I appreciate the problems with representation. However, you can only do your best and make the best of the situation.