Renewable Power & Light Ltd v McCarthy Tetrault & Ors
Grant Thornton is entitled to an indemnity for its reasonable legal costs incurred in defending the proceedings and counterclaim, as per the contractual provisions, with costs to be assessed on the indemnity basis and interest awarded.
- Parties
- Claimant: Renewable Power & Light Ltd; Defendant: McCarthy Tetrault & Ors; Third Defendant: Grant Thornton (UK) LLP
- Jurisdiction
- England and Wales
- Judgment Date
- 18 November 2014
- Procedural Posture
- Civil / Post Discontinuance, Determination of Counterclaim and Costs
- Outcome
- Counterclaim stayed in part; declaration of entitlement to indemnity; order for costs on indemnity basis; interest awarded; payment on account ordered.
- Legal Topics
- Contractual Indemnity, Costs Assessment, Interest on Costs, Counterclaim Procedure
Case Brief
Summary, issues, holding and outcome
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Parties
Renewable Power & Light Ltd
Claimant
McCarthy Tetrault & Ors
Defendant
Grant Thornton (UK) LLP
Third Defendant
Procedural Posture
Civil / Post Discontinuance, Determination of Counterclaim and Costs
Legal Issues
- 1 Entitlement to contractual indemnity for legal costs
- 2 Application of indemnity clauses to claims by contracting party
- 3 Assessment of costs on indemnity basis
Ratio Decidendi
Grant Thornton is entitled to an indemnity for its reasonable legal costs incurred in defending the proceedings and counterclaim, as per the contractual provisions, with costs to be assessed on the indemnity basis and interest awarded.
Court Disposition
Counterclaim stayed in part; declaration of entitlement to indemnity; order for costs on indemnity basis; interest awarded; payment on account ordered.
Orders
- Part of counterclaim (paragraphs 114-119) stayed on terms.
- Declaration that Grant Thornton is entitled to indemnity for reasonable legal costs.
Full Case Text
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