ARKRIVER PTY LTD and ANOR v COLLY FARMS COTTON LTD [1996] NSWCA 22

ARKRIVER PTY LTD and ANOR v COLLY FARMS COTTON LTD [1996] NSWCA 22

A defendant who retains part or all of the monies claimed against them as a result of a settlement or court order vacating earlier orders can be regarded as having 'success' in the proceedings for the purposes of an indemnity costs clause.

Parties
Appellant: Arkriver Pty Ltd; Respondent: Colly Farms Cotton Ltd
Jurisdiction
Australia
Judgment Date
07 June 1996
Procedural Posture
Appeal / Court of Appeal Decision
Outcome
Appeal allowed.
Legal Topics
Deed of Release, Indemnity Costs, Settlement Interpretation

Case Brief

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Parties

Arkriver Pty Ltd

Appellant

Colly Farms Cotton Ltd

Respondent

Procedural Posture

Appeal / Court of Appeal Decision

  1. 1 Whether a favourable settlement allows a defendant to be considered 'successful in a claim or defence' under an indemnity costs agreement

Ratio Decidendi

A defendant who retains part or all of the monies claimed against them as a result of a settlement or court order vacating earlier orders can be regarded as having 'success' in the proceedings for the purposes of an indemnity costs clause.

Court Disposition

Appeal allowed.

Orders

  • Appeal allowed.
  • Judgment and order of Cole J set aside.