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Ex-Coutts Banker Gets Reduced Costs With 'Pyrrhic' Win

Law360, London (July 12, 2018, 5:17 PM BST) -- A former Coutts banker secured approximately half her legal costs on Wednesday, scoring a “pyrrhic victory” in her legal battle at the High Court in London with the billionaire founder of a U.K. mobile phone retailer that was launched after their wealth management business turned sour.

Judge Marcus Smith has ruled at the court that Nathalie Dauriac-Stoebe, a French wine heiress and financial specialist, is entitled to her costs. But he found there should be a significant deduction because Dauriac-Stoebe was a "bad leaver" when she was...
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