QILIN WORLD CAPITAL LIMITED v CPIT INVESTMENTS LIMITED [2018] SGCA(I) 4 (11 July 2018)

QILIN WORLD CAPITAL LIMITED v CPIT INVESTMENTS LIMITED [2018] SGCA(I) 4 (11 July 2018)

Qilin's success on appeal entitles it to costs at trial and on appeal, with adjustments reflecting interlocutory applications and reasonable claims, and subject to taxation of certain disbursements.

Citation
[2018] SGCA(I) 4
Parties
Appellant in CA 126 of 2017 and Respondent in CA 145 of 2017: Qilin World Capital Ltd; Appellant in CA 145 of 2017 and Respondent in CA 126 of 2017: CPIT Investments Ltd
Jurisdiction
Singapore
Judgment Date
11 July 2018
Procedural Posture
Civil Appeal / Post Appeal Costs Determination
Outcome
Costs orders in favour of CPIT set aside; costs awarded to Qilin.
Legal Topics
Costs, Singapore International Commercial Court

Case Brief

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Parties

Qilin World Capital Ltd

Appellant in CA 126 of 2017 and Respondent in CA 145 of 2017

CPIT Investments Ltd

Appellant in CA 145 of 2017 and Respondent in CA 126 of 2017

Procedural Posture

Civil Appeal / Post Appeal Costs Determination

  1. 1 Entitlement to costs at trial and on appeal
  2. 2 Effect of appeal outcome on costs orders
  3. 3 Impact of offer to settle on costs recovery

Ratio Decidendi

Qilin's success on appeal entitles it to costs at trial and on appeal, with adjustments reflecting interlocutory applications and reasonable claims, and subject to taxation of certain disbursements.

Court Disposition

Costs orders in favour of CPIT set aside; costs awarded to Qilin.

Orders

  • CPIT to pay Qilin S$170,000 for CA 126 and CA 145.
  • CPIT to pay Qilin S$534,000 for proceedings at first instance.