21 Nov 2023
MORRISON v FINANCIAL MARKETS AUTHORITY [2023] NZHC 3307
- Citation
- [2023] NZHC 3307
- Court
- High Court
The Court declined to award indemnity or increased costs to the plaintiffs; applied ordinary costs principles to mixed-success outcome: FMA, as successful defendant on the sole cause of action against it, was entitled to 2B scale costs and disbursements; the Attorney-General was ordered to pay plaintiffs 50% of their claimed 2B costs for the successful NZBORA cause (reduced by $5,000 to reflect partial failure), amended pleading costs disallowed, FMA discovery costs allowed at 2C, and no costs for second counsel were awarded. Sanderson and Bullock orders were inappropriate because the plainti…