Case management in the RBS shareholders litigation

Another reminder that the court will take a robust stance on case management.

In this latest procedural hearing of the RBS Rights Issue Litigation [2015] EWHC 3433 (Ch)Mr Justice Hildyard balanced carefully (after traversing the authorities) whether additional expert evidence should be permitted – and, as he was not persuaded that it would assist the court, refused permission. Notably in such a large and complex case he did leave the door open for a further application following the permitted expert evidence as he could not be sure that the additional expert evidence should properly be excluded at this stage.

Further, that an effort to defer a trial date, an uphill struggle for any applicant, would require compelling evidence. RBS in seeking this blamed an overly extensive disclosure process and delays in proofing witnesses without sufficient evidence were nevertheless granted a very reluctant 3 month extension.

That reluctance reflected the significant nature of the case and in anything but an exceptional case the reasoning appears to have firmly come down on the side of refusing an extension.

The addendum to that permission was that Hildyard J is likely to start requiring that parties provide details of their witnesses and a brief summary of their proposed evidence (per CPR 32.2(3)) in order to more effectively manage cases. This appears an eminently sensible step especially if, like EDQs and Case Management Information Sheets etc, required to be exchanged prior to budgets will enable parties to budget more effectively.

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