SULLIVAN v WELLSFORD PROPERTIES LIMITED [2018] NZHC 806
The court exercised its discretion under the High Court Rules to refuse the plaintiffs' full stay proposal, accepted the defendants' proposal to retain $57,997.97 in trust and release $30,000, and awarded the defendants their reasonable costs and disbursements of the stay application in the sum of $4,793.00, finding the time and rates claimed appropriate and directing the Registrar to seal the costs order.
- Citation
- [2018] NZHC 806
- Parties
- First Plaintiff: PETER ANTHONY SULLIVAN; Second Plaintiff: PORT ALBERT INVESTMENTS LIMITED; First Defendant: WELLSFORD PROPERTIES LIMITED; Second Defendant: GARRY EDWARD HANNAM; Third Defendant (discontinued): SUMPTER BAUGHEN CHARTERED ACCOUNTANTS LIMITED
- Court
- High Court
- Jurisdiction
- New Zealand
- Judgment Date
- 26 April 2018
- Procedural Posture
- Civil (costs Application) / Post Judgment Application for Stay of Execution of Costs Award Pending Appeal; Costs Application
- Outcome
- Costs of the stay application awarded to the first and second defendants against the first and second plaintiffs; Registrar may seal order
- Legal Topics
- Stay of Execution, Security for Costs, Costs Assessment, Sealing of Costs Order
Case Brief
Summary, issues, holding and outcome
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Parties
PETER ANTHONY SULLIVAN
First Plaintiff
PORT ALBERT INVESTMENTS LIMITED
Second Plaintiff
WELLSFORD PROPERTIES LIMITED
First Defendant
GARRY EDWARD HANNAM
Second Defendant
SUMPTER BAUGHEN CHARTERED ACCOUNTANTS LIMITED
Third Defendant (discontinued)
Procedural Posture
Civil (costs Application) / Post Judgment Application for Stay of Execution of Costs Award Pending Appeal; Costs Application
Legal Issues
- 1 Whether to stay execution of a costs award pending appeal
- 2 Whether the court should order that costs be held in solicitor's trust account
- 3 Appropriate quantum of costs for the stay application
Ratio Decidendi
The court exercised its discretion under the High Court Rules to refuse the plaintiffs' full stay proposal, accepted the defendants' proposal to retain $57,997.97 in trust and release $30,000, and awarded the defendants their reasonable costs and disbursements of the stay application in the sum of $4,793.00, finding the time and rates claimed appropriate and directing the Registrar to seal the costs order.
Court Disposition
Costs of the stay application awarded to the first and second defendants against the first and second plaintiffs; Registrar may seal order
Orders
- Award costs and disbursements of $4,793.00 to the first and second defendants against the first and second plaintiffs
- Registrar may seal a costs order in the sum of $4,793.00
Full Case Text
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