MADSEN-RIES and ANOR v JUST [2013] NZHC 2851

MADSEN-RIES and ANOR v JUST [2013] NZHC 2851

Because the plaintiffs succeeded and the defendant's arguments—previously rejected at trial—did not justify refusal or reduction of costs under r 14.7, the Court awarded costs to the plaintiffs of $27,000 and disbursements of $8,303.51.

Source-derived case information.

Citation
[2013] NZHC 2851
Parties
Plaintiff: Vivien Judith Madsen-Ries (Liquidator of Green Securities Limited and Presidential Homes New Zealand Limited); Plaintiff: Henry David Levin (Liquidator of Green Securities Limited and Presidential Homes New Zealand Limited); Defendant: Stephen Russell Just
Court
High Court
Jurisdiction
New Zealand
Judgment Date
30 October 2013
Procedural Posture
Companies Act 1993 Liquidation and Director Contribution Proceeding / Judgment on Costs
Outcome
Costs awarded to plaintiffs
Legal Topics
Director Duties, Liquidation, Contribution Orders, Costs Assessment, High Court Rules
Company Law Civil Procedure Costs Director Duties Liquidation Contribution Orders Costs Assessment High Court Rules

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Parties

Vivien Judith Madsen-Ries (Liquidator of Green Securities Limited and Presidential Homes New Zealand Limited)

Plaintiff

Henry David Levin (Liquidator of Green Securities Limited and Presidential Homes New Zealand Limited)

Plaintiff

Stephen Russell Just

Defendant

Procedural Posture

Companies Act 1993 Liquidation and Director Contribution Proceeding / Judgment on Costs

  1. 1 Whether costs should be awarded to the successful plaintiffs
  2. 2 Whether costs should be refused or reduced under High Court Rules r 14.7
  3. 3 Appropriate quantum of costs and disbursements

Ratio Decidendi

Because the plaintiffs succeeded and the defendant's arguments—previously rejected at trial—did not justify refusal or reduction of costs under r 14.7, the Court awarded costs to the plaintiffs of $27,000 and disbursements of $8,303.51.

Court Disposition

Costs awarded to plaintiffs

Orders

  • Costs awarded to plaintiffs in the sum of $27,000
  • Disbursements awarded to plaintiffs in the sum of $8,303.51