Borelli v HSBC (CI) Limited [2007] JCA 214 (16 November 2007)
The costs incurred by HSBC (CI) in obtaining legal advice in Jersey and Hong Kong regarding the Section 221 application and Letter of Request are incidental to the Jersey proceedings, and justice requires their recovery; the Royal Court's discretion under Article 2(1) Civil Proceedings (Jersey) Law 1956 is wide enough to allow such costs.
- Citation
- [2007] JCA 214
- Parties
- Representor: Cosimo Borrelli; Respondent: HSBC (CI) Limited
- Jurisdiction
- Jersey
- Judgment Date
- 16 November 2007
- Procedural Posture
- Appeal / Court of Appeal Judgment
- Outcome
- Appeal dismissed
- Legal Topics
- Liquidation Costs, Letters of Request, Jurisdiction, Legal Expenses, Court Discretion
Case Brief
Summary, issues, holding and outcome
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Parties
Cosimo Borrelli
Representor
HSBC (CI) Limited
Respondent
Procedural Posture
Appeal / Court of Appeal Judgment
Legal Issues
- 1 Whether costs incurred for legal advice in Jersey and Hong Kong relating to Section 221 application and Letter of Request are incidental to Jersey proceedings
- 2 Scope of court's discretion under Article 2(1) Civil Proceedings (Jersey) Law 1956
Ratio Decidendi
The costs incurred by HSBC (CI) in obtaining legal advice in Jersey and Hong Kong regarding the Section 221 application and Letter of Request are incidental to the Jersey proceedings, and justice requires their recovery; the Royal Court's discretion under Article 2(1) Civil Proceedings (Jersey) Law 1956 is wide enough to allow such costs.
Court Disposition
Appeal dismissed
Orders
- Reasonable costs and expenses of HSBC (CI) incidental to the order of 6 June 2007, including legal advice in Jersey and Hong Kong, to be paid by the liquidator.
- Payment of those costs is a condition of orders made in favour of the Representor.
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