Following a successful motion for a Mareva injunction freezing $20 million of the respondent husband's assets, the applicant wife sought costs on a full recovery basis.
The court found the husband acted in bad faith by failing to make financial disclosure, breaching preservation orders, and hiding assets.
As a result, mandatory full recovery costs were ordered under Rule 24(10).
The court reduced the requested amount of $184,450 to $125,000 to reflect a fair and reasonable amount, noting overstaffing by the wife's legal team.
