Meldov Pty Ltd v Bank of Queensland (No. 2) [2015] NSWSC 740

Supreme Court New South Wales

Medium Neutral Citation: Meldov Pty Ltd v Bank of Queensland (No. 2) [2015] NSWSC 740 Hearing dates: 11 June 2015 Date of orders: 11 June 2015 Decision date: 11 June 2015 Before: Slattery J Decision: Costs awarded against Meldov on an indemnity basis from the date of expiry of the Bank's offer in its Calderbank letter Catchwords: COSTS – Calderbank letter – whether on proper construction Calderbank letter was inclusive of costs – whether unreasonable for plaintiff not to accept Caldberbank letter – whether Court should exercise discretion to award indemnity costs. Cases Cited: Balcomb v Brownlee [2015] NSWSC 361 Calderbank v Calderbank [1975] 3 All ER 333; [1976] Fam 93 Crump v Equine Nutrition Systems Pty Ltd t/a Horsepower (No 2) [2007] NSWSC 25 Elite Protective Personnel Pty Ltd v Salmon [2007] NSWCA 322 Estoril Investments Pty Ltd v Westpac Banking Corporation (1993) 6 BPR 13,146 Donnelly v Commonwealth Bank of Australia Ltd (1996) 140 ALR 46 Electricity Generation Corporation v Woodside Energy Ltd (2014) 251 CLR 640 Fountain v Bank of America National Trust and Savings Association (1992) 5 BPR 11,817 Jones v Bradley (No. 2) [2003] NSWCA 258 Meldov Pty Ltd v Bank of Queensland [2015] NSWSC 378 Perpetual Trustee Co Ltd v Moussa [2013] NSWSC 131 Smith v Australia and New Zealand Banking Group Ltd (1996) NSW ConvR 55-774 Sural SpA v Downer EDI Rail Pty Limited [2007] NSWSC 1292 Category: Costs Parties: Plaintiff: Meldov Pty Ltd (ACN 120 698 419) Defendant: Bank of Queensland (ACN 009 656 740) Representation: Counsel: Defendant: N. Evans