Gorgeous Beauty Ltd v Liu & Ors (Costs)

Gorgeous Beauty Ltd v Liu & Ors (Costs)

The appropriate reduction in recoverable costs is 10% due to Defendants’ success on certain issues and expert evidence, and costs should be assessed on the standard basis as the circumstances do not justify indemnity costs.

Parties
Claimant: Gorgeous Beauty Limited; Defendant: Irene Liu; Defendant: William Liu; Defendant: The Registrar of Companies; Defendant: Gold Wealth LLP
Jurisdiction
England and Wales
Judgment Date
02 October 2014
Procedural Posture
Civil / Costs Determination Following Judgment
Outcome
Costs awarded to Gorgeous Beauty Limited, reduced by 10%, assessed on the standard basis.
Legal Topics
Costs Assessment, Indemnity Basis, Standard Basis, Fraud

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Parties

Gorgeous Beauty Limited

Claimant

Irene Liu

Defendant

William Liu

Defendant

The Registrar of Companies

Defendant

Gold Wealth LLP

Defendant

Procedural Posture

Civil / Costs Determination Following Judgment

  1. 1 Percentage of costs recoverable
  2. 2 Basis of costs assessment (indemnity vs standard)

Ratio Decidendi

The appropriate reduction in recoverable costs is 10% due to Defendants’ success on certain issues and expert evidence, and costs should be assessed on the standard basis as the circumstances do not justify indemnity costs.

Court Disposition

Costs awarded to Gorgeous Beauty Limited, reduced by 10%, assessed on the standard basis.

Orders

  • Defendants to pay 90% of Gorgeous Beauty Limited’s costs assessed on the standard basis.