Select any passage to save a personal note with optional tags.
Supreme Court
New South Wales
Medium Neutral Citation: Coshott v Parker (No 4) [2015] NSWSC 1525
Hearing dates: On the papers
Decision date: 16 October 2015
Jurisdiction: Common Law
Before: Hall J
Decision: Plaintiff ordered to pay the defendant pre-judgment interest in the sum of $858.31
Catchwords: Costs – interest – pre-judgment interest – defendant provided schedule with calculations as to interest payable on judgment sum in respect of paid professional costs and disbursements including on costs paid for the costs assessment process under the Legal Profession Act 2004 – no objection by plaintiff – order made for interest to be paid by the plaintiff in accordance with the defendant's calculations.
Legislation Cited: Legal Profession Act 2004
Cases Cited: Coshott v Parker [2015] NSWSC 197
Category: Costs
Parties: Ljiljana Coshott (Plaintiff)
Michelle Lena Parker (First Defendant)
Christina Marie Collins (Second Defendant)
Representation: Counsel:
O Jones (Plaintiff)
M Castle; AD Bailey (Defendants)
Solicitors:
B Hocking (Plaintiff)
Hicksons (Defendants)
File Number(s): 2012/388476
Judgment
1. On 12 March 2015 I made orders dismissing an Amended Notice of motion filed by the plaintiff in these proceedings (Coshott v Parker [2015] NSWSC 197). On 25 August 2015 I made the following orders as to costs:
1. The plaintiff is to pay the defendants the sum of $3264.65.
2. The plaintiff is to pay the defendants $34 335.30 as a gross sum costs order under s 98(4) Civil Procedure Act in relation the proceedings specified in orders 3-4 of the defendants' Amended Notice of Motion filed 27 March 2015.
3. The plaintiff is to pay interest on the sums awarded in orders (1) and (2) above. The defendants are to provide to my Associate calculations as to the amount of interest payable in relation to each sum by 4pm Wednesday 2 September 2015. I grant leave to the plaintiff to reply to the calculations if necessary by 4pm Tuesday 8 September 2015. As noted above, orders as to interest are to be made in chambers following receipt of final calculations as to interest made by the parties, or as may be agreed by them.
1. A document entitled Calculation of Pre-Judgment Interest prepared for the defendant was subsequently received by my Associate. The calculations were based on Practice Note SC Gen 16, being 4% above the cash rate published by the Reserve Bank of Australia.
2. The defendants identified the invoices and payments made in relation to which pre-judgment interest was sought. The defendants claimed pre-judgment interest in the amount of $372.34 in relation to amounts paid by them on professional costs and disbursements (Items 1, 2 and 3 of Schedule "A"), and $485.97 in relation to the costs of the costs assessment process under the Legal Profession Act 2004 which was the focus of the principal proceedings (Items 1, 2 and 3 of Schedule "B"). The total amount of pre-judgment interest claimed by the defendants is $858.31. A copy of Schedules "A" and "B" are attached to this judgment.
3. The plaintiff has not filed submissions disputing the calculations made on behalf of the defendants.
4. I am satisfied that the defendants are entitled to interest on the amounts awarded to the defendants on 25 August 2015 in accordance with the defendants' calculations.
Order
1. I order the Plaintiff to pay to the Defendant pre-judgment interest in the sum of $858.31 in accordance with Schedules A and B attached to this judgment.
**********
Coshott Schedules (17.6 KB, pdf)
Amendments
02 December 2015 - Schedules attached
DISCLAIMER - Every effort has been made to comply with suppression orders or statutory provisions prohibiting publication that may apply to this judgment or decision. The onus remains on any person using material in the judgment or decision to ensure that the intended use of that material does not breach any such order or provision. Further enquiries may be directed to the Registry of the Court or Tribunal in which it was generated.
Decision last updated: 02 December 2015
Related laws
No related documents linked yet.
You've got 21 of 22 free Acts left this visit. Sign up anytime for Facts, Related, and study briefs too.