Green Line Investor Services Ltd v Cresvale Securities Ltd [1999] FCA 68

Green Line Investor Services Ltd v Cresvale Securities Ltd [1999] FCA 68

The appropriate order was that each party pay its and her own costs, given the early settlement, lack of hearing on the merits, and circumstances not justifying an award of costs to the applicant.

Parties
Applicant: Green Line Investor Services Limited; First Respondent: Cresvale Securities Limited; Second Respondent: Violeta Cavdarovska
Jurisdiction
Australia
Judgment Date
27 January 1999
Procedural Posture
Application / Final Judgment on Costs Following Consent Orders
Outcome
Each party to pay its and her own costs.
Legal Topics
Costs, Settlement, Discretion of Court

Case Brief

Summary, issues, holding and outcome

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Parties

Green Line Investor Services Limited

Applicant

Cresvale Securities Limited

First Respondent

Violeta Cavdarovska

Second Respondent

Procedural Posture

Application / Final Judgment on Costs Following Consent Orders

  1. 1 Appropriate order for costs after settlement by consent without admission

Ratio Decidendi

The appropriate order was that each party pay its and her own costs, given the early settlement, lack of hearing on the merits, and circumstances not justifying an award of costs to the applicant.

Court Disposition

Each party to pay its and her own costs.

Orders

  • By consent without admission, orders set out in paragraphs 7, 8, 9 and 11 made.