Following dismissal of both an oppression claim and counterclaim under the Business Corporations Act, the defendants sought costs relying on a Rule 49 offer to settle that exceeded the trial result.
The plaintiff argued the offer was of perpetual variation and that each party should bear their own costs.
The court rejected those submissions, finding the offer was capable of calculation at any time and constituted a substantial offer compared to the trial outcome.
Applying Rule 49.10 strictly, the court awarded the defendants partial indemnity costs from the date of the offer.
Costs were fixed at $56,473 after adjusting the hourly rate claimed for trial counsel.