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Motions for leave to appeal costs and subsequent order dismissed with costs.
The moving parties brought motions for leave to appeal a costs order and a subsequent order.
The Divisional Court dismissed the motions for leave to appeal and awarded costs of $15,000 to the responding parties.
Plaintiffs awarded $200,000 in partial indemnity costs payable within 30 days following dismissal of motion to vacate Mareva injunction.
The plaintiffs sought costs following the dismissal of the defendants' motion to vacate a Mareva injunction.
The plaintiffs sought costs on a substantial indemnity scale, alleging egregious conduct by the defendants, including a multi-year fraudulent scheme.
The court declined to award substantial indemnity costs as the claims had not been finally adjudicated.
The court awarded costs on a partial indemnity scale, including the costs of the initial motion made without notice, as those materials were necessary for the de novo hearing.
Costs were fixed at $200,000, payable within 30 days.
