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
Case Brief
Summary, issues, holding and outcome
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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
Legal Issues
- 1 Percentage of costs recoverable
- 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.
Full Case Text
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