Borelli v HSBC (CI) Limited [2007] JCA 214 (16 November 2007)

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

More case intelligence is available

Unlock the full research layer for this judgment.

Full judgment text Downloadable case file Legal principles 3 Authorities cited 9 Party arguments 2
Sign in to unlock

Parties

Cosimo Borrelli

Representor

HSBC (CI) Limited

Respondent

Procedural Posture

Appeal / Court of Appeal Judgment

  1. 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. 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.