Monex Europe Ltd v Pothecary & Anor

Monex Europe Ltd v Pothecary & Anor

The Court found it inappropriate to simply compare the two sets of costs and determined that specific items claimed by the Defendants were excessive or duplicated. The Court reduced the Defendants' costs by £11,405 and ordered the Claimant to pay £74,041 following summary assessment.

Parties
Claimant: Monex Europe Limited; Defendant: Charles Pothecary; Defendant: Guy Kaufman
Jurisdiction
England and Wales
Judgment Date
13 August 2019
Procedural Posture
Civil / Post Judgment Costs Assessment
Outcome
Costs assessed and awarded to Defendants with reductions.
Legal Topics
Costs, Summary Assessment, Proportionality
Civil Procedure Costs Summary Assessment Proportionality

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 1 Authorities cited 2 Party arguments 2 Amounts and remedies 4
Sign in to unlock

Parties

Monex Europe Limited

Claimant

Charles Pothecary

Defendant

Guy Kaufman

Defendant

Procedural Posture

Civil / Post Judgment Costs Assessment

Legal Issues

  1. 1 Whether the Defendants' costs were proportionate and reasonable for summary assessment

Ratio Decidendi

The Court found it inappropriate to simply compare the two sets of costs and determined that specific items claimed by the Defendants were excessive or duplicated. The Court reduced the Defendants' costs by £11,405 and ordered the Claimant to pay £74,041 following summary assessment.

Court Disposition

Costs assessed and awarded to Defendants with reductions.

Orders

  • Claimant to pay Defendants £74,041 in costs following summary assessment.