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
Summary, issues, holding and outcome
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Parties
Arkriver Pty Ltd
Appellant
Colly Farms Cotton Ltd
Respondent
Procedural Posture
Appeal / Court of Appeal Decision
Legal Issues
- 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.
Full Case Text
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