QUORUM A.S. v. SCHRAMM (No. 2)

[2002] 2 Lloyd's Rep. 72

QUEEN’S BENCH DIVISION(COMMERCIAL COURT)

Before Mr. Justice Thomas

Practice - Costs - Interest - Insurance (fine art) Valued policy - Assessment of value - Degas pastel damaged by fire - Claimants recovered under policy - Issues as to interest and costs - Date from which interest should run - Whether there should be any reduction in the period for which interest awarded or rate at which it should run because of delay by claimants in bringing and pursuing claim - Whether costs should be reduced.