Used Cars Plus Pty Ltd v Ultimate Car Rentals Australia Pty Ltd [2018] NSWSC 476
The plaintiff's refusal of the defendants’ Calderbank offer was unreasonable given the knowledge of their financial position and the terms of the offer. The court exercises discretion to order costs on an indemnity basis after 15 February 2018.
- Parties
- Plaintiff: Used Cars Plus Pty Ltd; First Defendant: Ultimate Car Rentals Australia Pty Ltd; Second Defendant: Fotis Zervas; Third Defendant: Fabio Alves
- Jurisdiction
- Australia
- Judgment Date
- 17 April 2018
- Procedural Posture
- Security for Costs Application / Interlocutory Ruling
- Outcome
- Orders made for provision of security for costs, including amount and method; proceedings stayed until security paid; plaintiff to pay costs on ordinary and indemnity basis as specified.
- Legal Topics
- Security for Costs, Costs Orders, Calderbank Offers
Case Brief
Summary, issues, holding and outcome
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Parties
Used Cars Plus Pty Ltd
Plaintiff
Ultimate Car Rentals Australia Pty Ltd
First Defendant
Fotis Zervas
Second Defendant
Fabio Alves
Third Defendant
Procedural Posture
Security for Costs Application / Interlocutory Ruling
Legal Issues
- 1 Whether the plaintiff should provide security for costs
- 2 Whether costs should be awarded on an indemnity basis after rejection of a Calderbank offer
Ratio Decidendi
The plaintiff's refusal of the defendants’ Calderbank offer was unreasonable given the knowledge of their financial position and the terms of the offer. The court exercises discretion to order costs on an indemnity basis after 15 February 2018.
Court Disposition
Orders made for provision of security for costs, including amount and method; proceedings stayed until security paid; plaintiff to pay costs on ordinary and indemnity basis as specified.
Orders
- The plaintiff provide security for costs as specified.
- The amount of security to be $90,000.
Full Case Text
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