15 Nov 2023
MORRISON v FINANCIAL MARKETS AUTHORITY [2023] NZHC 3215
- Citation
- [2023] NZHC 3215
- Court
- High Court
The Court declined to award indemnity or increased costs to the plaintiffs; applied ordinary costs principles given mixed success: FMA is entitled to scale costs for the dismissed tort claim; the Attorney-General must pay the plaintiffs 2B costs of NZD 13,881 plus disbursements NZD 9,115 for the successful NZBORA cause of action (reflecting a 50% allocation of plaintiffs' claimed costs with a NZD 5,000 reduction for mixed success); plaintiffs are jointly liable to pay the FMA 2B costs NZD 41,586 plus disbursements NZD 220; Sanderson and Bullock orders are inappropriate because the causes of a…