Jones v WHK Sherwin Chan & Walshe no. 2 HC Wellington Civ-2009-485-1324

[2011] NZHC 1743

IN THE HIGH COURT OF NEW ZEALAND WELLINGTON REGISTRY

CIV-2009-485-001324

BETWEEN  SIR ROBERT EDWARD JONES, YORGEN HOLDINGS LIMITED AND TIROHANGA FAMILY TRUST Plaintiffs

ANDWHK SHERWIN CHAN & WALSHE First Defendant

ANDSHERWIN CHAN & WALSHE LIMITED (IN LIQUIDATION)

Second Defendant

ANDWHK (NZ) LIMITED Third Defendant

Hearing:         On the Papers

Counsel:         M P Reed QC, M G Colson and B S Clarke for Plaintiffs

L J Taylor and P H V Cheng for Defendants

Judgment:      5 December 2011

JUDGMENT (NO.2) OF WHATA J

ON COSTS, DISBURSEMENTS AND INTEREST

This judgment was delivered by Justice Whata on

5 December 2011 at 12.00 p.m., pursuant to r 11.5 of the High Court Rules

Registrar/Deputy Registrar

Date:

Solicitors:

Bell Gully, PO Box 291, Wellington

Minter Ellison Rudd Watts, PO Box 2793, Wellington

JONES, YORGEN HOLDINGS LIMITED AND TIROHANGA FAMILY TRUST V WHK SHERWIN CHAN & WALSHE HC WN CIV-2009-485-001324 5 December 2011

[1]      Further  to  my  judgment  of  31  October  2011  and  joint  memorandum  of counsel  dated  1 December  2011,  I  award  judgment  for  the  plaintiffs  on  costs, disbursements and interest as follows:

Category  Quantum

Costs

(3B basis, including 25% uplift, in accordance with

orders at para 68)

$89,522.00

Disbursements

(Including witness costs, in accordance with orders

at para 69)

$280,562.22

Interest (in accordance with orders at para 70)

7 April 2009 to 31 March 2010 @ 7.91%  $153,447.01

1 April 2010 to 30 June 2011 @ 7.67%  $352,917.00

1 July 2011 to 24 July 2011 @ 5%  $13,501.66

Post-judgment (25 July 2011 to dates of payment (9 and 12 August 2011))

$9,685.97

Total Interest  $529,551.64

TOTAL  $899,635.86

[2]      I further direct that payment be made to the plaintiffs by the second and third

defendants within 21 days of this order.

Whata J