BUSINESS AND PROPERTY COURTS OF ENGLAND AND WALES
CHANCERY DIVISION
Fetter Lane, London, EC4A 1NL |
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B e f o r e :
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ILLIQUIDX LIMITED |
Claimant |
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- and – |
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(1) ALTANA WEALTH LIMITED (2) LEE ROBINSON (3) STEFFEN KASTNER (4) BREVENT ADVISORY LIMITED |
Defendants |
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Porter Chamberlain LLP) for the Claimant
TOM MOODY-STUART KC and BEN LONGSTAFF (instructed by Fieldfisher LLP) for the Defendants
Hearing dates: 6 June 2025
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Crown Copyright ©
Mr Justice Rajah :
Introduction
CPR Part 44
"(1) The court has discretion as to –
(a) whether costs are payable by one party to another;
(b) the amount of those costs; and
(c) when they are to be paid.
(2) If the court decides to make an order about costs –
(a) the general rule is that the unsuccessful party will be ordered to pay the costs of the successful party; but(b) the court may make a different order.…
(4) In deciding what order (if any) to make about costs, the court will have regard to all the circumstances, including –
(a) the conduct of all the parties;(b) whether a party has succeeded on part of its case, even if that party has not been wholly successful; and(c) any admissible offer to settle made by a party which is drawn to the court's attention, and which is not an offer to which costs consequences under Part 36 apply.
(5) The conduct of the parties includes –
(a) conduct before, as well as during, the proceedings and in particular the extent to which the parties followed the Practice Direction – Pre-Action Conduct or any relevant pre-action protocol.(b) whether it was reasonable for a party to raise, pursue or contest a particular allegation or issue;(c) the manner in which a party has pursued or defended its case or a particular allegation or issue; and(d) whether a claimant who has succeeded in the claim, in whole or in part, exaggerated its claim.
(6) The orders which the court may make under this rule include an order that a party must pay –
(a) a proportion of another party's costs;(b) a stated amount in respect of another party's costs;(c) costs from or until a certain date only;(d) costs incurred before proceedings have begun;(e) costs relating to particular steps taken in the proceedings;(f) costs relating only to a distinct part of the proceedings; and(g) interest on costs from or until a certain date, including a date before judgment.
(7) Before the court considers making an order under paragraph (6)(f), it will consider whether it is practicable to make an order under paragraph (6)(a) or (c) instead.
(8) Where the court orders a party to pay costs subject to detailed assessment, it will order that party to pay a reasonable sum on account of costs, unless there is good reason not to do so."
The Issues
Should costs be reserved pending determination of quantum?
IX's Conduct
Decision