Question 1 of 10
Martha Van Hoffer is the managing director of VanH Limited (“VanH”). VanH have instructed your firm to act on their behalf in relation to a large litigation action. Martha is interested in taking out ‘after the event’ insurance, if possible, but is concerned about the level of the premium. She would like to know whether any premium might be recoverable from her opponent if VanH is successful in the litigation. VanH do not have ‘before the event’ legal expenses insurance. Which one of the following statements is correct if VanH win at trial and is awarded its costs?