Read the full judgment text of HCCW 000026/1983 on BabelCite. This High Court CFI judgment was delivered on 17 December 1984 before Hunter J.
Costs – scale of taxation – liquidation – joint liquidators – official receiver – common fund – indemnity – solicitor and own client – Rules of the Supreme Court O.62 – Companies Ordinance Cap 32 – E. M. I. Records Limited v. Ian Cameron Wallace Limited – Project Development Co. Ltd v. K.M.K. Securities Limited – Re National Life Insurance Co. Ltd – heavy litigation – US law – plaintiffs adopted multiple course – no penal element – common fund taxation with discretion – direction to Taxing Master – plaintiffs ordered to pay costs
Legal issues: Scale of costs in liquidation proceedings
Outcome: The plaintiffs are ordered to pay the costs of the defendants and the official receiver on a common fund basis.