9 Nov 2011
FULTON HOGAN LTD V KYMONA SYSTEMS LTD (IN LIQUIDATION0 HC AK CIV-2011-404-004520
- Citation
- openlaw-1209fdc0_2a17_475d_8b58_e15d04957871.pdf
- Court
- High Court
The Court accepted that the plaintiff's pre-issue costs of establishing competing claims were reasonably incurred and that some post-conference attendances were reasonably required to confirm the agreement in principle and to preserve the plaintiff's claim for pre-issue costs; the offer to pay funds into Court was available but not accepted and did not render the plaintiff's subsequent costs unreasonable; exercising its discretion the Court allowed indemnity from the fund of $21,500 and directed payment of the remaining fund plus any interest to the first defendant's solicitors trust account,…