21 Feb 2022
PARKLANE INFRASTRUCT LIMITED v LU TRUSTEE LIMITED & ANOR [2022] NZHC 233
- Citation
- [2022] NZHC 233
- Court
- High Court
Trinity succeeded on the key practical issue after appeal (caveat should not extend beyond Lot 3), is entitled to costs on a 2B scale; the Court declined uplift for rejected settlement offers because offers were conditional, included third party undertakings or broader commercial terms and were not unreasonably rejected; no allowance for second counsel; limited allowance for memoranda (two days) resulted in 2B costs of $16,730 and disbursements $110.