Illiquidx Limited v Altana Wealth Limited & Ors

Illiquidx Limited v Altana Wealth Limited & Ors

Costs follow the event for discrete applications; claimant pays defendants' costs for unsuccessful amendments, witness statement rewriting, and expert evidence application; defendants pay claimant's costs for unsuccessful strike out/summary judgment applications; no order as to costs for cross disclosure applications.

Parties
Claimant: ILLIQUIDX LIMITED; Defendants: ALTANA WEALTH LIMITED & ORS
Jurisdiction
England and Wales
Judgment Date
30 June 2025
Procedural Posture
Civil / Post Trial Costs Judgment
Outcome
Costs orders made for each discrete application; no order as to costs for cross disclosure applications.
Legal Topics
Costs, Disclosure, Summary Judgment, Strike Out, Amendment of Pleadings, Witness Evidence, Expert Evidence
Civil Procedure Intellectual Property Costs Disclosure Summary Judgment Strike Out Amendment of Pleadings Witness Evidence +1 more

Case Brief

Summary, issues, holding and outcome

More case intelligence is available

Unlock the full research layer for this judgment.

Full judgment text Downloadable case file Legal principles 4 Authorities cited 6 Party arguments 2
Sign in to unlock

Parties

ILLIQUIDX LIMITED

Claimant

ALTANA WEALTH LIMITED & ORS

Defendants

Procedural Posture

Civil / Post Trial Costs Judgment

Legal Issues

  1. 1 Appropriate costs orders for discrete applications
  2. 2 Costs following amendment of pleadings
  3. 3 Costs for strike out and summary judgment applications

Ratio Decidendi

Costs follow the event for discrete applications; claimant pays defendants' costs for unsuccessful amendments, witness statement rewriting, and expert evidence application; defendants pay claimant's costs for unsuccessful strike out/summary judgment applications; no order as to costs for cross disclosure applications.

Court Disposition

Costs orders made for each discrete application; no order as to costs for cross disclosure applications.

Orders

  • Defendants to pay claimant's costs for strike out/summary judgment applications on AV Securities and injunctive relief.
  • Claimant to pay defendants' costs for permission to amend claim in respect of AV Securities and remaining amendments.