Judgment
CMB International Securities Limited v Oakwise Value Fund SPC - Ruling on Costs
Civ App 0009/2023 · 2024-11-29
Costs following successful appeal; entitlement to costs prior to receivership order; priority of costs in insolvency proceedings; standard vs indemnity basis for costs; jurisdiction to award costs from segregated portfolio assets; liberty to apply for priority treatment in future insolvency proceedings; costs of written submissions on costs ruling.
Full metadata
| Cause Number | Civ App 0009/2023 |
|---|---|
| Court | CICA (Civ) |
| Judge | Field JA, Goldring P, Moses JA |
| Parties | CMB International Securities Limited v Oakwise Value Fund SPC - Ruling on Costs |
| Judgment Date | 2024-11-29 |
| Subject | Costs following successful appeal; entitlement to costs prior to receivership order; priority of costs in insolvency proceedings; standard vs indemnity basis for costs; jurisdiction to award costs from segregated portfolio assets; liberty to apply for priority treatment in future insolvency proceedings; costs of written submissions on costs ruling. |
| Filename (current) | 24-11-29_cmb_international_securities_limited_v_oakwise_-_costs_ruling.pdf |
Legislation cited
| Statute | Sections cited | Mentions |
|---|---|---|
| Companies Act | 228 | 3 |
| Companies Winding Up Rules (subordinate) | 1 | 1 |
| Court of Appeal Act | 5 | 1 |
| Grand Court Act | 11 | 1 |
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