The Plaintiff, David Bain, sought costs and pre-judgment interest following a successful wrongful dismissal trial against UBS Securities Canada Inc. and UBS Securities LLC, where he recovered over $2.5 million.
The court, applying Rule 57.01 factors and the principle of proportionality, fixed partial indemnity costs for the Plaintiff at $225,000 plus HST of $29,250 and disbursements of $15,000, totaling $269,250.
The court also determined that pre-judgment interest should be calculated on a lump sum basis, awarding $122,756.03, given the Defendants' failure to provide salary continuance or a bonus upon termination.
