Matrix Receivables Ltd v Musst Holdings Ltd (Re Costs) [2024] EWHC 2245 (Ch) (30 August 2024)

Matrix Receivables Ltd v Musst Holdings Ltd (Re Costs) [2024] EWHC 2245 (Ch) (30 August 2024)

A payment on account of costs should be calculated as 60% of the costs schedule of 2 May 2024 and 50% of the additional costs, reflecting caution regarding the substantial increase in costs and the need for scrutiny on detailed assessment.

Citation
[2024] EWHC 2245 (Ch)
Parties
Claimant/respondent: Matrix Receivables Limited; Defendant/applicant: Musst Holdings Limited
Jurisdiction
England and Wales
Judgment Date
30 August 2024
Procedural Posture
Costs Judgment Following Summary Judgment and Strike Out Applications / Post Judgment, Quantum of Payment on Account of Costs
Outcome
Order for payment on account of costs granted.
Legal Topics
Summary Judgment, Strike Out Applications, Costs Assessment, Payment on Account of Costs

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Parties

Matrix Receivables Limited

Claimant/respondent

Musst Holdings Limited

Defendant/applicant

Procedural Posture

Costs Judgment Following Summary Judgment and Strike Out Applications / Post Judgment, Quantum of Payment on Account of Costs

  1. 1 Appropriate quantum for payment on account of costs
  2. 2 Percentage to be applied to costs schedule and additional costs
  3. 3 Apportionment between applications with different costs orders

Ratio Decidendi

A payment on account of costs should be calculated as 60% of the costs schedule of 2 May 2024 and 50% of the additional costs, reflecting caution regarding the substantial increase in costs and the need for scrutiny on detailed assessment.

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.