Coward v Phaestos Ltd & Ors
The Court of Appeal held that the judge was entitled to find that IKOS achieved a significantly better result at trial than was offered in the Calderbank offer, particularly due to the undertakings, removal of code, and confirmatory assignments not included in the offer. The judge's exercise of discretion in awarding IKOS the bulk of the costs, with a 15% reduction for the counterclaim element not pursued, was not wrong in principle or plainly unsustainable. The appeal was dismissed.
- Parties
- Appellant: Martin John Coward; Respondent: Phaestos Limited; Respondent: Mindimaxnox LLP; Respondent: IKOS CIF Limited; Respondent: IKOS Asset Management Limited
- Jurisdiction
- England and Wales
- Judgment Date
- 02 October 2014
- Procedural Posture
- Civil Appeal / Appeal From High Court (chancery Division) on Costs Order
- Outcome
- Appeal dismissed
- Legal Topics
- Costs, Calderbank Offers, Copyright, Database Rights, Injunctions, Settlement Offers
Case Brief
Summary, issues, holding and outcome
More case intelligence is available
Unlock the full research layer for this judgment.
Parties
Martin John Coward
Appellant
Phaestos Limited
Respondent
Mindimaxnox LLP
Respondent
IKOS CIF Limited
Respondent
IKOS Asset Management Limited
Respondent
Procedural Posture
Civil Appeal / Appeal From High Court (chancery Division) on Costs Order
Legal Issues
- 1 Whether the Calderbank offer made by Dr Coward should have affected the costs order in favour of IKOS
- 2 Whether the judge erred in awarding IKOS the bulk of the costs despite the Calderbank offer
- 3 Whether the apportionment of costs regarding the counterclaim was correct
Ratio Decidendi
The Court of Appeal held that the judge was entitled to find that IKOS achieved a significantly better result at trial than was offered in the Calderbank offer, particularly due to the undertakings, removal of code, and confirmatory assignments not included in the offer. The judge's exercise of discretion in awarding IKOS the bulk of the costs, with a 15% reduction for the counterclaim element not pursued, was not wrong in principle or plainly unsustainable. The appeal was dismissed.
Court Disposition
Appeal dismissed
Orders
- Costs order of the High Court (Chancery Division) upheld
- Appellant to pay Respondents' costs of the appeal
Full Case Text
Judgment text and source record
Sign in to read
Sign in to read the full judgment text
Sign in to read the full judgment text. Downloads and additional research tools may depend on your plan.
Sign in to read the full judgment