Yeo v Australian Securities and Investments Commission, in the matter of Ji Woo International Education Centre Pty Ltd (No 3)

[2018] FCA 1749

Federal Court of Australia15 November 2018

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Interrogate

Catchwords

1. Costs
2. › Lump Sum Costs Orders
3. › Quantification of lump sum
1. Costs
2. › Lump Sum Costs Orders
3. › Principles governing assessment
1. Costs
2. › Party and Party Costs
3. › Discount from solicitor/client costs
1. Costs
2. › Lump Sum Costs Orders
3. › Expert evidence of costs consultant

Quick Take

In quantifying a lump sum costs order, the Court will scrutinise a costs consultant's estimate of party/party recovery and may apply a significant discount where factors such as the client's overseas location, language barriers, and the deployment of a large legal team are likely to have generated costs not recoverable on a party/party basis.