Leda Pty. Limited v. Weerden & Anor. (No.2) [2007] NSWCA 283
Given the offers of compromise made by Mr. Weerden, both below and on appeal, and their rejection by the appellant, costs of the appeal should be assessed on an indemnity basis, and interest calculated using the method set out in Lahoud v. Lahoud and as prescribed by the Uniform Civil Procedure Rules.
- Parties
- Appellant: Leda Pty. Limited; Respondent/cross Appellant: John Weerden; Cross Respondent: Leisure Management Pty. Limited
- Jurisdiction
- Australia
- Judgment Date
- 15 October 2007
- Procedural Posture
- Appeal / Post Judgment; Costs Order Determination
- Outcome
- Orders made as to costs and interest; appellant ordered to pay respondent's costs on an indemnity basis and interest on costs as calculated by the allowed percentage method.
- Legal Topics
- Costs, Offer of Compromise, Interest on Costs, Indemnity Costs
Case Brief
Summary, issues, holding and outcome
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Parties
Leda Pty. Limited
Appellant
John Weerden
Respondent/cross Appellant
Leisure Management Pty. Limited
Cross Respondent
Procedural Posture
Appeal / Post Judgment; Costs Order Determination
Legal Issues
- 1 Whether costs of the appeal should be assessed on an indemnity basis due to rejection of offers of compromise
- 2 Whether interest on costs and disbursements should be ordered and if so, how it should be calculated
Ratio Decidendi
Given the offers of compromise made by Mr. Weerden, both below and on appeal, and their rejection by the appellant, costs of the appeal should be assessed on an indemnity basis, and interest calculated using the method set out in Lahoud v. Lahoud and as prescribed by the Uniform Civil Procedure Rules.
Court Disposition
Orders made as to costs and interest; appellant ordered to pay respondent's costs on an indemnity basis and interest on costs as calculated by the allowed percentage method.
Orders
- Costs of the appeal to be assessed on an indemnity basis.
- Appellant to pay respondent interest on costs and disbursements at rates set out in Schedule 5 to the Uniform Civil Procedure Rules, on the 'Allowed Percentage' of each payment for or on account of costs and disbursements, from the date of payment until either costs due are paid or further order relating to interest...
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