The plaintiff sought costs on a full indemnity basis following the resolution of two actions involving a loan for a car rental business.
The plaintiff had previously obtained a Mareva injunction and Norwich Orders after the defendants allegedly misappropriated the loaned funds.
The court found that the defendants engaged in reprehensible conduct by breaching court orders and attempting to resile from an agreement that the injunctions were properly granted.
The court awarded the plaintiff costs on a substantial indemnity scale, but reduced the quantum to account for duplicative counsel, unrelated claims, and the appearance that resulted in the settlement.
Costs were apportioned between the two sets of defendants.
