This costs endorsement followed a prior decision where the plaintiffs' action for breach of contract was dismissed due to a lack of proven damages, despite a finding of breach.
The court determined that the defendant, Grant Thornton LLP (GT), was the more successful party, notwithstanding some mixed success, as the plaintiffs' claims for breach of fiduciary duty and defamation were dismissed outright, and no remedy flowed from any of the plaintiffs' findings.
The defendant's offer to settle did not meet the requirements of Rule 49.10(2)(b), thus no costs consequences flowed from its non-acceptance.
Applying the "fair and reasonable" principle for fixing costs and considering Rule 57.01 factors, including the moderate complexity and the $10 million claim, the court awarded GT partial indemnity costs in the all-inclusive amount of $175,000.00.