Rebecca Smith v Martin Rice

Rebecca Smith v Martin Rice

Judgment for the principal sum and contractual interest as claimed due to absence of defence or contrary evidence; costs reduced for excessive items and awarded on standard basis.

Parties
Claimant: Rebecca Smith; Defendant: Martin Rice
Jurisdiction
England and Wales
Judgment Date
24 September 2025
Procedural Posture
Civil / Post Judgment Assessment of Quantum and Costs
Outcome
Judgment for Claimant for principal sum, contractual interest, and reduced costs.
Legal Topics
Contractual Debt, Interest Calculation, Costs Assessment
Commercial Law Contractual Debt Interest Calculation Costs Assessment

Case Brief

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Parties

Rebecca Smith

Claimant

Martin Rice

Defendant

Procedural Posture

Civil / Post Judgment Assessment of Quantum and Costs

Legal Issues

  1. 1 Determination of principal sum owed
  2. 2 Calculation of contractual interest
  3. 3 Assessment of costs

Ratio Decidendi

Judgment for the principal sum and contractual interest as claimed due to absence of defence or contrary evidence; costs reduced for excessive items and awarded on standard basis.

Court Disposition

Judgment for Claimant for principal sum, contractual interest, and reduced costs.

Orders

  • Defendant to pay £165,000 principal sum.
  • Defendant to pay £353,709.67 contractual interest.