CHEN V ZHONG & ANOR HC AK CIV 2010-404-001995
Where precise payment dates for remedial and rectification invoices could not be reliably ascertained and a substantial portion of expenditure had been incurred by 15 August 2010, award interest at the prescribed rate on the judgment sum less the estimated remedial costs ($74,331.22) from 15 August 2010 to date of judgment; interest on the full judgment sum (including estimated remedial costs) to run from the date of judgment pursuant to High Court Rules r 11.27; award costs to plaintiff on a 2B basis and specified disbursements.
- Citation
- openlaw-fb65239f_ef13_452f_a8c4_d10795c11b94.pdf
- Parties
- Plaintiff: WANG KANG CHEN; First Defendant: LING ZHONG; Second Defendant: WLC PROPERTIES LIMITED
- Court
- High Court
- Jurisdiction
- New Zealand
- Judgment Date
- 8 December 2011
- Procedural Posture
- Civil Claim (building Dispute) / Judgment (costs and Interest Determination)
- Outcome
- Judgment entered for plaintiff against second defendant WLC Properties Limited for $128,141.70; interest awarded as directed; costs and disbursements awarded to plaintiff.
- Legal Topics
- Interest on Judgment, Costs Assessment (2 B), Damages, Rectification Works, Commencement Date for Interest
Case Brief
Summary, issues, holding and outcome
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Parties
WANG KANG CHEN
Plaintiff
LING ZHONG
First Defendant
WLC PROPERTIES LIMITED
Second Defendant
Procedural Posture
Civil Claim (building Dispute) / Judgment (costs and Interest Determination)
Legal Issues
- 1 Whether interest should be calculated from dates of individual payments or from a single identifiable date
- 2 Appropriate commencement date for interest under s 87 Judicature Act 1908
- 3 How to calculate interest where payments for remedial works cannot be precisely identified
Ratio Decidendi
Where precise payment dates for remedial and rectification invoices could not be reliably ascertained and a substantial portion of expenditure had been incurred by 15 August 2010, award interest at the prescribed rate on the judgment sum less the estimated remedial costs ($74,331.22) from 15 August 2010 to date of judgment; interest on the full judgment sum (including estimated remedial costs) to run from the date of judgment pursuant to High Court Rules r 11.27; award costs to plaintiff on a 2B basis and specified disbursements.
Court Disposition
Judgment entered for plaintiff against second defendant WLC Properties Limited for $128,141.70; interest awarded as directed; costs and disbursements awarded to plaintiff.
Orders
- Interest at the prescribed rate to run on the judgment sum less $74,331.22 (estimated remedial costs) from 15 August 2010 to date of judgment.
- Interest at the prescribed rate to run on the full judgment sum (including the $74,331.22 estimated remedial costs) from the date of judgment pursuant to High Court Rules r 11.27.
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