LVCR legal bill ‘could run into millions of pounds’
Thursday 29th December 2011, 1:00PM GMT.
LITIGATION over the decision to end VAT relief for goods shipped from the Channel Islands could end up costing millions of pounds and take years, according to a legal budgeting expert.
London-based costs lawyer Jim Diamond (pictured) has estimated that the trial could last 10 days and cost up to £500,000, if top litigation lawyers were involved.
He also thought the action could drag on for up to five years if the result was appealed.
When asked for a response to Mr Diamond’s comments, a Policy Council spokesman said: ‘While Mr Diamond is an expert in his field, he does himself acknowledge that he has not seen the papers and has no knowledge of the case.’
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Bang on ….The CI are not fighting the UK on this one. They are fighting the EU.
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And where will the money come from?
Tax revenue I suppose,which due to this Islands
Zero 10 policy means that working peoples taxes will be used to help businesses which do not pay tax…and are,in most cases,only here to avoid paying taxes in other jurisdictions.
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Makes you wonder if we’re being sold a pup again
PLEASE do not allow this item to go the same way as the debacle over the UK fishermen’s compo and the eight year failure of the education system
Secrecy might suit North Korea but our own dear leader should step in,after his honeymoon, and start clearing the air a bit before the forthcoming elections or he might find that we have the lowest voter turn out in history
By the way,was the compulsory purchase cost of the two airport fields ever published .. or is that yet another secret?
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This is a pathetic attempt by policy council to say ‘we tried’, just ask the law officers ‘in their opinion is this something we have any chance of changing?’
I bet the answer would be no, so why are we even thinking of wasting money on this.
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I had reason to see my advocate yesterday and asked what he thought of our chances in this matter. His reply “Not much” but I did not ask any further questions as I suspect the answer would have cost me too much at £450 an hour. However in my opinion I would place his view well above any of the current Crown advocates.
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