Matrix Receivables Limited v Musst Holdings Limited

Matrix Receivables Limited v Musst Holdings Limited

The appropriate payment on account of costs is calculated as 60% of the costs schedule of 2 May 2024 and 50% of the additional costs, reflecting caution and scrutiny over the increase in costs and apportionment between applications.

Parties
Claimant/respondent: Matrix Receivables Limited; Defendant/applicant: Musst Holdings Limited
Jurisdiction
England and Wales
Judgment Date
30 August 2024
Procedural Posture
Civil / Costs Judgment Following Summary Judgment and Strike Out Applications
Outcome
Order for payment on account of costs granted.
Legal Topics
Costs, Summary Judgment, Strike Out Applications, Payment on Account

Case Brief

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Parties

Matrix Receivables Limited

Claimant/respondent

Musst Holdings Limited

Defendant/applicant

Procedural Posture

Civil / Costs Judgment Following Summary Judgment and Strike Out Applications

  1. 1 Appropriate quantum for payment on account of costs following summary judgment application
  2. 2 Percentage to be applied to costs schedule and additional costs
  3. 3 Apportionment of costs between different applications

Ratio Decidendi

The appropriate payment on account of costs is calculated as 60% of the costs schedule of 2 May 2024 and 50% of the additional costs, reflecting caution and scrutiny over the increase in costs and apportionment between applications.

Court Disposition

Order for payment on account of costs granted.

Orders

  • Musst Holdings Limited to pay Matrix Receivables Limited £151,828.20 as payment on account of costs for the March Application within 28 days from the date of the order.