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
Case Brief
Summary, issues, holding and outcome
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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
Legal Issues
- 1 Appropriate quantum for payment on account of costs
- 2 Percentage to be applied to costs schedule and additional costs
- 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.
Full Case Text
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