Following a successful application regarding an international fraud scheme, the applicants sought costs against the respondents.
The court awarded substantial indemnity costs of $185,000 against the corporate respondent, Iberbanco, due to its ongoing willful disregard for court orders, misrepresentations to the court, unfounded allegations against the applicants, and efforts to impede the investigation.
The court declined to order costs against the individual respondents personally, as no relief had been granted against them in the main application.
