Conor McGregor’s recent loss in a lawsuit accusing him of sexual assault will cost him a lot more than the €248, 000 ($ 262, 000 ) a High Court of Ireland jury ordered him to pay last week.
The MMA fighter who rose to prominence in the UFC also on the hook to pay the “bulk” of an estimated €1 million ($ 1.6 million ) in legal costs incurred by the plaintiff, Nikita Hand.
Justice Alexander Owens announced on Thursday that McGregor may be responsible for some of Hand’s legal costs, including identification costs, as previously reported by The British Times.
For McGregor, who Sportico estimates has earned about$ 555 million ( inflation adjusted ) during his career, paying Hand’s costs is not unexpected. The losing group typically has to pay a percentage of the winning party’s legal expenses in Ireland. The” solicitor-client foundation of costs” formula, which is used in extraordinary situations, could have been used to determine McCormick’s payment of the higher amount of the lawyer-client basis of costs.
Outside the United States, the “loser” in jury paying the winning side is a fairly common design. But in the U. S., the so-called British Rule generally applies. It means each area pays their individual attorney’s fees and costs.
There are exceptions to the American Rule, such as when a legislation mandates that the opposing party give. Under the Equal Access to Justice Act, for example, the government must pay attorney’s costs of people who safely sue the authorities in cases where the president’s security lacked a large explanation. The claimant is typically required to pay their own expenses, whether they win or lose, but typically.
Some plaintiffs may become deterred from rightly seeking justice if defendants feared losing a situation and having to pay the court fees of a respondent. This is the standard justification for the American Rule. In contrast, it’s considered harsh for a party who claims they followed the law to have to bear the costs when they were right all along under the villain spend arrangement, which McGregor is subject to and is often referred to as the English Rule.
McGregor’s status has been tarnished by the court choice. However, as previously reported last year, it can be overstated how detrimental the donors ‘ financial impact can be. Despite the well-known Proper No. Following the verdict, the Twelve whisky brand dropped McGregor; however, McGregor likely hasn’t had a significant financial impact because he made at least$ 100 million on the whiskey by selling the brand in 2021.