18 Dec 2023
SENIOR TRUST CAPITAL LIMITED v HOLMES [2023] NZHC 2356
- Citation
- [2023] NZHC 2356
- Court
- High Court
Where indemnity costs have been awarded under a contractual term, the court will quantify them by assessing the reasonableness of the claimed items and the adequacy of supporting material, disallowing amounts attributable to separate proceedings and allowing GST where the claimant cannot recover input tax; applying that test produced an award of indemnity costs of $112,763.13 plus disbursements of $3,449.76 after abandoning $3,315.00 identified as relating to a separate proceeding.