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Prince Andrew courts disaster as legal fees put strain on his ...

World

Prince Andrew courts disaster as legal fees put strain on his finances

Legal experts estimate his US court battle costs could stretch into the millions

Harry Wilson, Gavin Finch and Ellen Milligan

Prince Andrew is approaching the toughest legal fight of his life and one thing is sure: it won’t be cheap, whatever the outcome. 

The disgraced prince is facing seven-figure legal fees — at least — if Virginia Giuffre’s sexual abuse suit goes to trial, according to two lawyers surveyed by Bloomberg, while the cost of settling is expected to be well in excess of $5m (R76m). With a personal fortune estimated by his private bank at £5m (R103m) in 2017, funding the fight will be a challenge. 

“He has no good options in front of him,” Mitchell Epner, a former US federal prosecutor who’s now an attorney at Rottenberg Lipman Rich and not involved in the case, said. “He only has bad options, and he has to decide which is the best bad option.”..

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