WOL (London) LLP v Croydon Investments Limited & Ors (Costs)
[2024] EWHC 485 (TCC)
Costs generally follow the event, meaning the unsuccessful party pays the successful party's costs.
Implicit in the judgment, standard legal principle.
Claimant to pay 90% of Defendant's costs.
Defendant was substantially the winning party, obtaining the unless order, and the Claimant's explanations for non-payment were rejected. However, the Claimant was granted some relief by the extension.
Costs to be subject to detailed assessment on the standard basis.
The Defendant's claimed costs were considered surprisingly high and thus unsuitable for summary assessment.
Claimant to make an interim payment of £45,000 (90% of £50,000) within 28 days.
Interim payment is appropriate given the costs order.
[2024] EWHC 485 (TCC)
[2024] EWHC 2498 (KB)
[2023] EWHC 1331 (Ch)
[2023] EWHC 755 (IPEC)
[2024] EWHC 809 (Ch)