Dexia SA v Regione Emilia Romagna (Re Costs) [2024] EWHC 3238 (Comm) (13 December 2024)

Dexia SA v Regione Emilia Romagna (Re Costs) [2024] EWHC 3238 (Comm) (13 December 2024)

Dexia is entitled to its costs from Emilia Romagna on the indemnity basis due to its contractual entitlement under the Master Agreement and as the successful party; costs are to be subject to detailed assessment if not agreed, with an interim payment on account of £475,809.73.

Citation
[2024] EWHC 3238 (Comm)
Parties
Claimant: DEXIA S. A.; Defendant: REGIONE EMILIA ROMAGNA
Jurisdiction
England and Wales
Judgment Date
13 December 2024
Procedural Posture
Commercial Court Costs Judgment / Post Judgment, Costs Determination
Outcome
Costs awarded to Dexia on the indemnity basis, subject to detailed assessment if not agreed, with interim payment ordered.
Legal Topics
Costs, Indemnity Costs, Contractual Indemnity, Detailed Assessment, Interim Payment

Case Brief

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Parties

DEXIA S. A.

Claimant

REGIONE EMILIA ROMAGNA

Defendant

Procedural Posture

Commercial Court Costs Judgment / Post Judgment, Costs Determination

  1. 1 Whether Dexia is entitled to costs from Emilia Romagna
  2. 2 Whether costs should be assessed on the indemnity basis
  3. 3 Whether a detailed assessment or summary assessment is appropriate

Ratio Decidendi

Dexia is entitled to its costs from Emilia Romagna on the indemnity basis due to its contractual entitlement under the Master Agreement and as the successful party; costs are to be subject to detailed assessment if not agreed, with an interim payment on account of £475,809.73.

Court Disposition

Costs awarded to Dexia on the indemnity basis, subject to detailed assessment if not agreed, with interim payment ordered.

Orders

  • Emilia Romagna to pay Dexia's costs of the proceedings on the indemnity basis.
  • Costs to be subject to detailed assessment if not agreed.