I bet the other side took counsel's opinion too. Were they both right?These are not just “practising” lawyers but leading experts in their field. Having been involved in quite a few major commercial disputes over the years and taking counsel’s opinion, it’s invariably been a KC - I’ve never known it be an academic. And it costs a small fortune.
And Leaf gave an opinion and now he realises his opinion was premature.
Expert lawyers who were calling it a draw or a win for the PL, now see it as a City win.