As a result, an unsuccessful claim could result in a six or seven figure adverse cost award. (mccagueborlack.com)
The rising costs of prosecuting class actions and the risk of adverse costs awards rises has represented a significant impediment to the commencement of class proceedings and, as noted by Belobaba, access to justice, even in the very area that was specifically designed to achieve this goal, is becoming too expensive. (canadianlawyermag.com)
«Without costs insurance, the fear of a very large adverse costs award would cause many plaintiffs of modest means to be afraid to pursue meritorious claims. (thejudgeglobal.com)