Rudan Business Holding SA v Tridan Trusted Advisors AG & Ors

Rudan Business Holding SA v Tridan Trusted Advisors AG & Ors

The parties are entitled to vary their costs budgets only for the CCMC held on 6 and 7 May 2025, trial preparation, and trial phases, as these were significant developments and the revised budgets for these phases were submitted promptly. Variations for other phases are disallowed due to lack of promptness or absence of significant developments.

Parties
Petitioner: Rudan Business Holding S. A; First Respondent: Tridan Trusted Advisors AG; Second Respondent: Daniel Tribaldos; Third Respondent: Leo Services Holding Limited
Jurisdiction
England and Wales
Judgment Date
17 February 2026
Procedural Posture
Company Petition Under Section 994 Companies Act 2006 / Ruling on Applications to Vary Costs Budgets
Outcome
Applications to vary costs budgets allowed in part
Legal Topics
Costs Management, Unfair Prejudice, Disclosure, Case Management
Company Law Civil Procedure Costs Management Unfair Prejudice Disclosure Case Management

Case Brief

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Parties

Rudan Business Holding S. A

Petitioner

Tridan Trusted Advisors AG

First Respondent

Daniel Tribaldos

Second Respondent

Leo Services Holding Limited

Third Respondent

Procedural Posture

Company Petition Under Section 994 Companies Act 2006 / Ruling on Applications to Vary Costs Budgets

Legal Issues

  1. 1 Whether parties are entitled to vary their costs budgets due to significant developments in litigation
  2. 2 Whether applications to vary costs budgets were made promptly as required by CPR 3.15A
  3. 3 What constitutes a significant development for purposes of costs budget variation

Ratio Decidendi

The parties are entitled to vary their costs budgets only for the CCMC held on 6 and 7 May 2025, trial preparation, and trial phases, as these were significant developments and the revised budgets for these phases were submitted promptly. Variations for other phases are disallowed due to lack of promptness or absence of significant developments.

Court Disposition

Applications to vary costs budgets allowed in part

Orders

  • Increases to costs budgets for CCMC held on 6 and 7 May 2025, trial preparation, and trial phases are allowed; quantum to be determined or agreed between parties.
  • Variations for other phases are disallowed.