21 May 2015
SIMPSON AND ORS v CARR AND ANOR [2015] NZHC 1102
- Citation
- [2015] NZHC 1102
- Court
- High Court
Although the proceedings prima facie fell within the category warranting indemnity costs, the Court exercised its discretion to award 3C scale costs plus disbursements because awarding indemnity costs would unfairly diminish the capital available to investors; respondents had received a significant benefit and should bear only a portion of costs despite complexity of the litigation.