Phaestos Ltd & Anor v Ho (Costs)

Phaestos Ltd & Anor v Ho (Costs)

The claimants are not entitled to indemnity costs as the circumstances are not out of the norm; costs are awarded on a standard basis. The claimants' costs bill is too large and lacking detail for summary assessment, so an interim payment is ordered. Defendants' costs for strike-out and security for costs applications are reduced by 10% and 30% respectively for fairness and proportionality.

Parties
Claimant: Phaestos Limited; Claimant: Mindimaxnox LLP; Defendant: Peter Ho; Defendant: IKOS CIF Limited; Defendant: Tobin Maxwell Gover
Jurisdiction
England and Wales
Judgment Date
22 March 2012
Procedural Posture
Civil / Costs Judgment Following Summary Judgment and Strike Out Applications
Outcome
Costs awarded on a standard basis; summary assessment refused for claimants; summary assessment granted for defendants with reductions.
Legal Topics
Costs, Summary Judgment, Strike Out, Indemnity Costs, Standard Costs, Detailed Assessment

Case Brief

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Parties

Phaestos Limited

Claimant

Mindimaxnox LLP

Claimant

Peter Ho

Defendant

IKOS CIF Limited

Defendant

Tobin Maxwell Gover

Defendant

Procedural Posture

Civil / Costs Judgment Following Summary Judgment and Strike Out Applications

  1. 1 Whether claimants are entitled to indemnity costs for summary judgment and strike-out applications
  2. 2 Appropriateness of summary assessment of costs
  3. 3 Reduction of defendants' costs for strike-out and security for costs applications

Ratio Decidendi

The claimants are not entitled to indemnity costs as the circumstances are not out of the norm; costs are awarded on a standard basis. The claimants' costs bill is too large and lacking detail for summary assessment, so an interim payment is ordered. Defendants' costs for strike-out and security for costs applications are reduced by 10% and 30% respectively for fairness and proportionality.

Court Disposition

Costs awarded on a standard basis; summary assessment refused for claimants; summary assessment granted for defendants with reductions.

Orders

  • Claimants awarded interim payment of £40,000 payable within 14 days, subject to detailed assessment.
  • Defendants awarded £61,600 for strike-out application costs, payable within 14 days.