Cutler v Derwent Howard Media Pty Ltd, in the matter of Derwent Howard Media Pty Ltd (Subject to Deed of Company Arrangement) (No 3) [2011] FCA 1127
Given the offer was open for only a very short period and included a capped cost condition, it was not imprudent or unreasonable for the plaintiff not to accept the Calderbank offer. Each party should pay its own costs, since both succeeded on substantial issues.
- Parties
- Plaintiff: Nicholas Cutler; First Defendant: Derwent Howard Media Pty Ltd (Subject to Deed of Company Arrangement) ACN 129 920 458; Second Defendant: Nicholas Craig Malanos; Third Defendant: Christopher Damien Darin
- Jurisdiction
- Australia
- Judgment Date
- 01 September 2011
- Procedural Posture
- Application in Insolvency Proceedings / Costs Determination After Judgment
- Outcome
- Each party to pay its own costs; plaintiff admitted to proof in the sum ordered.
- Legal Topics
- Costs Discretion, Calderbank Offers, Proof of Debt, Annual Leave Entitlements
Case Brief
Summary, issues, holding and outcome
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Parties
Nicholas Cutler
Plaintiff
Derwent Howard Media Pty Ltd (Subject to Deed of Company Arrangement) ACN 129 920 458
First Defendant
Nicholas Craig Malanos
Second Defendant
Christopher Damien Darin
Third Defendant
Procedural Posture
Application in Insolvency Proceedings / Costs Determination After Judgment
Legal Issues
- 1 What is the appropriate order as to costs?
- 2 Should an indemnity costs order be made based on the Calderbank offer?
Ratio Decidendi
Given the offer was open for only a very short period and included a capped cost condition, it was not imprudent or unreasonable for the plaintiff not to accept the Calderbank offer. Each party should pay its own costs, since both succeeded on substantial issues.
Court Disposition
Each party to pay its own costs; plaintiff admitted to proof in the sum ordered.
Orders
- The second and third defendants admit the plaintiff to proof in respect of the Deed of Company Arrangement of the first defendant in the sum of $22,691.98.
- Subject to any previous costs orders, each party pay its own costs of and in connection with the proceeding.
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