HOLE & Anor V SNEDDEN & Anor HC AK CIV-2012-404-001699

HOLE & Anor V SNEDDEN & Anor HC AK CIV-2012-404-001699

Because liability had been determined and the parties agreed the quantum (or did not oppose entry of judgment on that quantum), the court entered judgment for the plaintiffs for $643,724.56 and awarded costs and disbursements as specified.

Citation
openlaw-659bcba0_d64e_4472_8e74_72faef649425.pdf
Parties
First Plaintiff: Reginald Anthony Hole; Second Plaintiff: Mary-Ann Boys; First Defendant: David Warwick Snedden; Second Defendant: Snedden Solicitor's Nominee Company Limited
Court
High Court
Jurisdiction
New Zealand
Judgment Date
20 September 2012
Procedural Posture
Civil (summary Judgment) / Judgment on Quantum Following Liability Judgment
Outcome
Judgment entered for plaintiffs for $643,724.56; costs and disbursements awarded.
Legal Topics
Summary Judgment, Quantum, Interest, Costs
Civil Procedure Contract Law Judgment and Enforcement Summary Judgment Quantum Interest Costs

Case Brief

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Parties

Reginald Anthony Hole

First Plaintiff

Mary-Ann Boys

Second Plaintiff

David Warwick Snedden

First Defendant

Snedden Solicitor's Nominee Company Limited

Second Defendant

Procedural Posture

Civil (summary Judgment) / Judgment on Quantum Following Liability Judgment

Legal Issues

  1. 1 Entry of judgment on agreed quantum following prior finding of liability
  2. 2 Calculation and awarding of interest for multiple periods
  3. 3 Award of costs and disbursements

Ratio Decidendi

Because liability had been determined and the parties agreed the quantum (or did not oppose entry of judgment on that quantum), the court entered judgment for the plaintiffs for $643,724.56 and awarded costs and disbursements as specified.

Court Disposition

Judgment entered for plaintiffs for $643,724.56; costs and disbursements awarded.

Orders

  • Judgment for plaintiffs in the sum of $643,724.56 comprising: $450,000 principal; $115,960.66 interest to 28 June 2011; $65,250 interest for 29 June 2011 to 28 June 2012; $8,938.50 interest from 29 June 2012 to 17 August 2012; $3,575.40 interest from 18 August to 6 September 2012.
  • Defendants to pay costs of $13,271.20 and disbursements of $1,329.00.