MILK NEW ZEALAND (SHANGHAI) CO. LIMITED v MIRAKA LIMITED [2019] NZHC 3292 [13 December 2019]

MILK NEW ZEALAND (SHANGHAI) CO. LIMITED v MIRAKA LIMITED [2019] NZHC 3292 [13 December 2019]

The defendant was entitled to an award for costs and disbursements. A 25% discount for the interest-rate issue was not warranted; however costs claimed for a joint memorandum prepared and filed by the plaintiff were disallowed. Net award fixed at $17,077.50 with interest at the prescribed statutory rate from the...

Source-derived case information.

Citation
[2019] NZHC 3292
Parties
Plaintiff: MILK NEW ZEALAND (SHANGHAI) CO. LIMITED; Defendant: MIRAKA LIMITED
Court
High Court
Jurisdiction
New Zealand
Judgment Date
13 December 2019
Procedural Posture
Appeal Against an Arbitral Award Under the Arbitration Act 1996 / Costs Judgment
Outcome
Costs and disbursements awarded to defendant Miraka Limited in the sum of $17,077.50 plus interest at the prescribed rate under the Interest on Money Claims Act 2016 from the date of this Costs Judgment.
Legal Topics
Costs Assessment, Arbitration Appeal, Interest on Costs
Arbitration Civil Procedure Costs Commercial Law Costs Assessment Arbitration Appeal Interest on Costs

Source-derived case record

Summary, issues, holding and outcome

More case intelligence is available

Unlock the full research layer for this judgment.

Legal principles 4 Authorities cited 3 Party arguments 2 Amounts and remedies 3
Sign in to unlock

Parties

MILK NEW ZEALAND (SHANGHAI) CO. LIMITED

Plaintiff

MIRAKA LIMITED

Defendant

Procedural Posture

Appeal Against an Arbitral Award Under the Arbitration Act 1996 / Costs Judgment

  1. 1 entitlement to costs following appeal against arbitral award
  2. 2 quantum of costs to be awarded
  3. 3 whether a 25% discount is justified for a minor issue (interest rate)

Ratio Decidendi

The defendant was entitled to an award for costs and disbursements. A 25% discount for the interest-rate issue was not warranted; however costs claimed for a joint memorandum prepared and filed by the plaintiff were disallowed. Net award fixed at $17,077.50 with interest at the prescribed statutory rate from the date of the Costs Judgment.

Court Disposition

Costs and disbursements awarded to defendant Miraka Limited in the sum of $17,077.50 plus interest at the prescribed rate under the Interest on Money Claims Act 2016 from the date of this Costs Judgment.

Orders

  • Awarded costs and disbursements to defendant Miraka Limited of $17,077.50.
  • Interest to run on that sum at the prescribed rate under the Interest on Money Claims Act 2016 from the date of this Costs Judgment.