Interest on Disbursements Reduced by Registrar
Given the often expensive nature of legal proceedings, the question of whether one party will be responsible to pay the costs incurred by the other party can become highly contentious.
In CHANDI V. ATWELL, 2011 BCSC 1498 (“CHANDI”) [Decision of Registrar: reasons for judgment released on November 4, 2011], District Registrar Cameron was faced with an assessment of the Plaintiff’s costs in a personal injury action that settled for $900,000, plus taxable costs and disbursements. One issue the Registrar had to consider was the recoverability of financing costs incurred by the Plaintiff on disbursements.
November 16, 2011