{\rtf1\ansi\ansicpg1252\uc1\deff0\stshfdbch0\stshfloch0\stshfhich0\stshfbi0\deflang1033\deflangfe1033{\fonttbl{\f0\froman\fcharset0\fprq2{\*\panose 02020603050405020304}Times New Roman{\*\falt Times New Roman};}
{\f36\froman\fcharset238\fprq2 Times New Roman CE{\*\falt Times New Roman};}{\f37\froman\fcharset204\fprq2 Times New Roman Cyr{\*\falt Times New Roman};}{\f39\froman\fcharset161\fprq2 Times New Roman Greek{\*\falt Times New Roman};}
{\f40\froman\fcharset162\fprq2 Times New Roman Tur{\*\falt Times New Roman};}{\f41\froman\fcharset177\fprq2 Times New Roman (Hebrew){\*\falt Times New Roman};}{\f42\froman\fcharset178\fprq2 Times New Roman (Arabic){\*\falt Times New Roman};}
{\f43\froman\fcharset186\fprq2 Times New Roman Baltic{\*\falt Times New Roman};}{\f44\froman\fcharset163\fprq2 Times New Roman (Vietnamese){\*\falt Times New Roman};}}{\colortbl;\red0\green0\blue0;\red0\green0\blue255;\red0\green255\blue255;
\red0\green255\blue0;\red255\green0\blue255;\red255\green0\blue0;\red255\green255\blue0;\red255\green255\blue255;\red0\green0\blue128;\red0\green128\blue128;\red0\green128\blue0;\red128\green0\blue128;\red128\green0\blue0;\red128\green128\blue0;
\red128\green128\blue128;\red192\green192\blue192;\red255\green255\blue255;}{\stylesheet{\ql \li0\ri0\widctlpar\faauto\adjustright\rin0\lin0\itap0 \fs20\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 \snext0 Normal;}{\*\cs10 \additive \ssemihidden 
Default Paragraph Font;}{\*\ts11\tsrowd\trftsWidthB3\trpaddl108\trpaddr108\trpaddfl3\trpaddft3\trpaddfb3\trpaddfr3\tscellwidthfts0\tsvertalt\tsbrdrt\tsbrdrl\tsbrdrb\tsbrdrr\tsbrdrdgl\tsbrdrdgr\tsbrdrh\tsbrdrv 
\ql \li0\ri0\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0 \fs20\lang1024\langfe1024\cgrid\langnp1024\langfenp1024 \snext11 \ssemihidden Normal Table;}{\s15\ql \li0\ri0\nowidctlpar\faauto\rin0\lin0\itap0 
\fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 \sbasedon0 \snext15 Style 1;}{\s16\ql \li1296\ri0\sb216\widctlpar\faauto\adjustright\rin0\lin1296\itap0 \fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 \sbasedon0 \snext16 Style 8;}{
\s17\ql \li576\ri0\sa360\widctlpar\faauto\adjustright\rin0\lin576\itap0 \fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 \sbasedon0 \snext17 Style 4;}{\s18\qj \li576\ri0\sa288\sl360\slmult1\widctlpar\faauto\adjustright\rin0\lin576\itap0 
\fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 \sbasedon0 \snext18 Style 2;}{\s19\qj \fi-720\li720\ri0\sl360\slmult1\widctlpar\tx720\faauto\adjustright\rin0\lin720\itap0 \fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 \sbasedon0 \snext19 
Style 3;}{\s20\ql \fi-720\li720\ri0\sa576\sl360\slmult1\widctlpar\tx720\faauto\adjustright\rin0\lin720\itap0 \fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 \sbasedon0 \snext20 Style 5;}{
\s21\qc \li0\ri0\sa648\widctlpar\faauto\adjustright\rin0\lin0\itap0 \fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 \sbasedon0 \snext21 Style 7;}{\s22\qj \fi-720\li720\ri0\sa648\sl360\slmult1\widctlpar\tx720\faauto\adjustright\rin0\lin720\itap0 
\fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 \sbasedon0 \snext22 Style 6;}{\*\cs23 \additive \ul\cf2 \sbasedon10 \styrsid10094391 Hyperlink;}{\*\ts24\tsrowd\trbrdrt\brdrs\brdrw10 \trbrdrl\brdrs\brdrw10 \trbrdrb\brdrs\brdrw10 \trbrdrr
\brdrs\brdrw10 \trbrdrh\brdrs\brdrw10 \trbrdrv\brdrs\brdrw10 \trftsWidthB3\trpaddl108\trpaddr108\trpaddfl3\trpaddft3\trpaddfb3\trpaddfr3\tscellwidthfts0\tsvertalt\tsbrdrt\tsbrdrl\tsbrdrb\tsbrdrr\tsbrdrdgl\tsbrdrdgr\tsbrdrh\tsbrdrv 
\ql \li0\ri0\widctlpar\faauto\adjustright\rin0\lin0\itap0 \fs20\lang1024\langfe1024\cgrid\langnp1024\langfenp1024 \sbasedon11 \snext24 \styrsid7695079 Table Grid;}}{\*\latentstyles\lsdstimax156\lsdlockeddef0}{\*\rsidtbl \rsid93590\rsid97271\rsid417661
\rsid1050907\rsid1275372\rsid1333950\rsid1526021\rsid1646644\rsid1851094\rsid2845023\rsid3372326\rsid3483879\rsid3681258\rsid4008111\rsid4749854\rsid4798146\rsid5070014\rsid5377707\rsid5467444\rsid5572952\rsid5643780\rsid5728992\rsid5916863\rsid6180475
\rsid6304924\rsid6387050\rsid7041971\rsid7413395\rsid7695079\rsid8278566\rsid8849179\rsid9192515\rsid9526612\rsid10043153\rsid10094391\rsid10166877\rsid11341849\rsid11479267\rsid11681763\rsid11819341\rsid11828612\rsid11881020\rsid12069129\rsid12076907
\rsid12125227\rsid12401381\rsid13049576\rsid13511478\rsid13710324\rsid14090774\rsid14568197\rsid15091949\rsid15300069\rsid15737560\rsid15871440\rsid15943571\rsid15957958\rsid16340704\rsid16530836\rsid16534708}{\*\generator Microsoft Word 11.0.5604;}{\info
{\author sam_f}{\operator sam_f}{\creatim\yr2010\mo6\dy10\hr12\min45}{\revtim\yr2011\mo1\dy17\hr17}{\version89}{\edmins117}{\nofpages8}{\nofwords2618}{\nofchars14927}{\*\company scims}{\nofcharsws17510}{\vern24689}}
\paperw11908\paperh16848\margl2932\margr1353\margt1418\margb2958 \widowctrl\ftnbj\aenddoc\noxlattoyen\expshrtn\noultrlspc\dntblnsbdb\nospaceforul\subfontbysize\hyphcaps0\formshade\horzdoc\dghspace120\dgvspace120\dghorigin1701\dgvorigin1984\dghshow0
\dgvshow3\jcompress\viewkind1\viewscale100\pgbrdrhead\pgbrdrfoot\nolnhtadjtbl\rsidroot3372326 \fet0\sectd \linex0\sectdefaultcl\sftnbj {\*\pnseclvl1\pnucrm\pnstart1\pnindent720\pnhang {\pntxta .}}{\*\pnseclvl2\pnucltr\pnstart1\pnindent720\pnhang 
{\pntxta .}}{\*\pnseclvl3\pndec\pnstart1\pnindent720\pnhang {\pntxta .}}{\*\pnseclvl4\pnlcltr\pnstart1\pnindent720\pnhang {\pntxta )}}{\*\pnseclvl5\pndec\pnstart1\pnindent720\pnhang {\pntxtb (}{\pntxta )}}{\*\pnseclvl6\pnlcltr\pnstart1\pnindent720\pnhang 
{\pntxtb (}{\pntxta )}}{\*\pnseclvl7\pnlcrm\pnstart1\pnindent720\pnhang {\pntxtb (}{\pntxta )}}{\*\pnseclvl8\pnlcltr\pnstart1\pnindent720\pnhang {\pntxtb (}{\pntxta )}}{\*\pnseclvl9\pnlcrm\pnstart1\pnindent720\pnhang {\pntxtb (}{\pntxta )}}\pard\plain 
\qc \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid16534708 \fs20\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\b\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid11479267 
IN THE HIGH COURT OF THE COOK ISLANDS HELD AT RAROTONGA }{\b\fs24\lang2057\langfe1033\langnp2057\insrsid3483879 
\par }{\b\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid11479267 (CIVIL DIVISION)}{\b\fs24\lang2057\langfe1033\langnp2057\insrsid10094391 
\par }\pard \ql \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid12125227 {\b\fs24\lang2057\langfe1033\langnp2057\insrsid12125227\charrsid11479267 
\par }\pard \qc \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid16534708 {\fs24\lang2057\langfe1033\langnp2057\insrsid417661 OA: 5/}{\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid10094391 2000}{
\fs24\lang2057\langfe1033\langnp2057\insrsid10094391 
\par }\pard \ql \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid5728992 {\fs24\lang2057\langfe1033\langnp2057\insrsid5728992\charrsid10094391 
\par }\pard \qc \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid16534708 {\b\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid11479267 IN THE MATTER
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid10094391 of the Declaratory Judgments Act 1945}{\fs24\lang2057\langfe1033\langnp2057\insrsid10094391 
\par }\pard \ql \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid14568197 {\fs24\lang2057\langfe1033\langnp2057\insrsid5728992\charrsid10094391 
\par }\pard \qc \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid16534708 {\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid10094391 AND}{\fs24\lang2057\langfe1033\langnp2057\insrsid10094391 
\par }\pard \ql \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid14568197 {\fs24\lang2057\langfe1033\langnp2057\insrsid5728992\charrsid10094391 
\par }\pard \qc \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid16534708 {\b\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid11479267 IN THE MATTER
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid10094391 of a Debenture and a Deed of Mortgage both}{\fs24\lang2057\langfe1033\langnp2057\insrsid5728992 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid10094391 dated 19 April 1999 (the "Securities") made}{\fs24\lang2057\langfe1033\langnp2057\insrsid5728992 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid10094391 between Crown Beach Executive Villas Limited}{\fs24\lang2057\langfe1033\langnp2057\insrsid5728992 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid10094391 (In Receivership) ("Crown Beach") and Rondo W.}{\fs24\lang2057\langfe1033\langnp2057\insrsid5728992 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid10094391  Perkins, Julie Ann Perkins and Eloise Hurley}{\fs24\lang2057\langfe1033\langnp2057\insrsid10094391 
\par }\pard \ql \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid14568197 {\fs24\lang2057\langfe1033\langnp2057\insrsid5728992\charrsid10094391 
\par }\pard \qc \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid16534708 {\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid10094391 BETWEEN}{\fs24\lang2057\langfe1033\langnp2057\insrsid10094391 
\par }\pard \ql \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid14568197 {\fs24\lang2057\langfe1033\langnp2057\insrsid5728992\charrsid10094391 
\par }\pard \qc \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid16534708 {\b\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid11479267 RONDO W. PERKINS and JULIE ANN PERKINS }{
\b\fs24\lang2057\langfe1033\langnp2057\insrsid5728992\charrsid11479267 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid10094391 of Idaho, United States of America, }{\fs24\lang2057\langfe1033\langnp2057\insrsid5728992 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid10094391 Company Directors
\par Applicants}{\fs24\lang2057\langfe1033\langnp2057\insrsid10094391 
\par }\pard \ql \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid14568197 {\fs24\lang2057\langfe1033\langnp2057\insrsid12401381\charrsid10094391 
\par }\pard \qc \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid16534708 {\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid10094391 AND}{\fs24\lang2057\langfe1033\langnp2057\insrsid10094391 
\par }\pard \ql \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid14568197 {\fs24\lang2057\langfe1033\langnp2057\insrsid12401381\charrsid10094391 
\par }\pard \qc \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid16534708 {\b\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid11479267 ELOISE HURLEY}{\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid10094391 
 of Salt Lake City,}{\fs24\lang2057\langfe1033\langnp2057\insrsid5377707 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid10094391 Utah, United States of America, Auditor
\par Respondent}{\fs24\lang2057\langfe1033\langnp2057\insrsid10094391 
\par }\pard \ql \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid14568197 {\fs24\lang2057\langfe1033\langnp2057\insrsid5377707\charrsid10094391 
\par }\pard \qc \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid5377707 {\b\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid5377707 JUDGMENT OF DAVID WILLIAMS J AS TO COSTS
\par }\pard \ql \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid10094391 {\fs24\lang2057\langfe1033\langnp2057\insrsid5377707\charrsid10094391 
\par }\pard \qc \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid4008111 {\b\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid4008111 Date of Judgment}{\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid10094391 :}{
\fs24\lang2057\langfe1033\langnp2057\insrsid10094391  }{\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid10094391 13 September 2004}{\fs24\lang2057\langfe1033\langnp2057\insrsid10094391 
\par }\pard \ql \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid10094391 {\fs24\lang2057\langfe1033\langnp2057\insrsid11681763 
\par }\trowd \irow0\irowband0\ts24\trgaph108\trleft-108\trftsWidth1\trftsWidthB3\trautofit1\trpaddl108\trpaddr108\trpaddfl3\trpaddft3\trpaddfb3\trpaddfr3\tbllkhdrrows\tbllklastrow\tbllkhdrcols\tbllklastcol \clvertalt\clbrdrt\brdrtbl \clbrdrl\brdrtbl \clbrdrb
\brdrtbl \clbrdrr\brdrtbl \cltxlrtb\clftsWidth3\clwWidth3919\clshdrawnil \cellx3811\clvertalt\clbrdrt\brdrtbl \clbrdrl\brdrtbl \clbrdrb\brdrtbl \clbrdrr\brdrtbl \cltxlrtb\clftsWidth3\clwWidth3920\clshdrawnil \cellx7731\pard\plain 
\ql \li0\ri0\nowidctlpar\intbl\faauto\adjustright\rin0\lin0\pararsid10094391\yts24 \fs20\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\fs24\lang2057\langfe1033\langnp2057\insrsid5467444\charrsid10094391 Solicitor for Applicants}{
\fs24\lang2057\langfe1033\langnp2057\insrsid7695079 \cell }{\fs24\lang2057\langfe1033\langnp2057\insrsid5467444\charrsid10094391 Solicitor for Respondent}{\fs24\lang2057\langfe1033\langnp2057\insrsid7695079 \cell }\pard\plain 
\ql \li0\ri0\widctlpar\intbl\aspalpha\aspnum\faauto\adjustright\rin0\lin0 \fs20\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\fs24\lang2057\langfe1033\langnp2057\insrsid7695079 \trowd \irow0\irowband0
\ts24\trgaph108\trleft-108\trftsWidth1\trftsWidthB3\trautofit1\trpaddl108\trpaddr108\trpaddfl3\trpaddft3\trpaddfb3\trpaddfr3\tbllkhdrrows\tbllklastrow\tbllkhdrcols\tbllklastcol \clvertalt\clbrdrt\brdrtbl \clbrdrl\brdrtbl \clbrdrb\brdrtbl \clbrdrr\brdrtbl 
\cltxlrtb\clftsWidth3\clwWidth3919\clshdrawnil \cellx3811\clvertalt\clbrdrt\brdrtbl \clbrdrl\brdrtbl \clbrdrb\brdrtbl \clbrdrr\brdrtbl \cltxlrtb\clftsWidth3\clwWidth3920\clshdrawnil \cellx7731\row }\pard\plain 
\ql \li0\ri0\nowidctlpar\intbl\faauto\adjustright\rin0\lin0\pararsid10094391\yts24 \fs20\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\fs24\lang2057\langfe1033\langnp2057\insrsid7695079 \cell \cell }\pard\plain 
\ql \li0\ri0\widctlpar\intbl\aspalpha\aspnum\faauto\adjustright\rin0\lin0 \fs20\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\fs24\lang2057\langfe1033\langnp2057\insrsid7695079 \trowd \irow1\irowband1
\ts24\trgaph108\trleft-108\trftsWidth1\trftsWidthB3\trautofit1\trpaddl108\trpaddr108\trpaddfl3\trpaddft3\trpaddfb3\trpaddfr3\tbllkhdrrows\tbllklastrow\tbllkhdrcols\tbllklastcol \clvertalt\clbrdrt\brdrtbl \clbrdrl\brdrtbl \clbrdrb\brdrtbl \clbrdrr\brdrtbl 
\cltxlrtb\clftsWidth3\clwWidth3919\clshdrawnil \cellx3811\clvertalt\clbrdrt\brdrtbl \clbrdrl\brdrtbl \clbrdrb\brdrtbl \clbrdrr\brdrtbl \cltxlrtb\clftsWidth3\clwWidth3920\clshdrawnil \cellx7731\row }\pard\plain 
\ql \li0\ri0\nowidctlpar\intbl\faauto\adjustright\rin0\lin0\pararsid10094391\yts24 \fs20\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\fs24\lang2057\langfe1033\langnp2057\insrsid15091949\charrsid10094391 Mr Anthony M. Manarangi}{
\fs24\lang2057\langfe1033\langnp2057\insrsid7695079 \cell }{\fs24\lang2057\langfe1033\langnp2057\insrsid15091949\charrsid10094391 Mr Glen Heath}{\fs24\lang2057\langfe1033\langnp2057\insrsid7695079 \cell }\pard\plain 
\ql \li0\ri0\widctlpar\intbl\aspalpha\aspnum\faauto\adjustright\rin0\lin0 \fs20\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\fs24\lang2057\langfe1033\langnp2057\insrsid7695079 \trowd \irow2\irowband2
\ts24\trgaph108\trleft-108\trftsWidth1\trftsWidthB3\trautofit1\trpaddl108\trpaddr108\trpaddfl3\trpaddft3\trpaddfb3\trpaddfr3\tbllkhdrrows\tbllklastrow\tbllkhdrcols\tbllklastcol \clvertalt\clbrdrt\brdrtbl \clbrdrl\brdrtbl \clbrdrb\brdrtbl \clbrdrr\brdrtbl 
\cltxlrtb\clftsWidth3\clwWidth3919\clshdrawnil \cellx3811\clvertalt\clbrdrt\brdrtbl \clbrdrl\brdrtbl \clbrdrb\brdrtbl \clbrdrr\brdrtbl \cltxlrtb\clftsWidth3\clwWidth3920\clshdrawnil \cellx7731\row }\pard\plain 
\ql \li0\ri0\nowidctlpar\intbl\faauto\adjustright\rin0\lin0\pararsid10094391\yts24 \fs20\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\fs24\lang2057\langfe1033\langnp2057\insrsid15957958\charrsid10094391 Barrister & Solicitor}{
\fs24\lang2057\langfe1033\langnp2057\insrsid7695079 \cell }{\fs24\lang2057\langfe1033\langnp2057\insrsid13049576\charrsid10094391 Barrister & Solicitor }{\fs24\lang2057\langfe1033\langnp2057\insrsid7695079 \cell }\pard\plain 
\ql \li0\ri0\widctlpar\intbl\aspalpha\aspnum\faauto\adjustright\rin0\lin0 \fs20\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\fs24\lang2057\langfe1033\langnp2057\insrsid7695079 \trowd \irow3\irowband3
\ts24\trgaph108\trleft-108\trftsWidth1\trftsWidthB3\trautofit1\trpaddl108\trpaddr108\trpaddfl3\trpaddft3\trpaddfb3\trpaddfr3\tbllkhdrrows\tbllklastrow\tbllkhdrcols\tbllklastcol \clvertalt\clbrdrt\brdrtbl \clbrdrl\brdrtbl \clbrdrb\brdrtbl \clbrdrr\brdrtbl 
\cltxlrtb\clftsWidth3\clwWidth3919\clshdrawnil \cellx3811\clvertalt\clbrdrt\brdrtbl \clbrdrl\brdrtbl \clbrdrb\brdrtbl \clbrdrr\brdrtbl \cltxlrtb\clftsWidth3\clwWidth3920\clshdrawnil \cellx7731\row }\pard\plain 
\ql \li0\ri0\nowidctlpar\intbl\faauto\adjustright\rin0\lin0\pararsid10094391\yts24 \fs20\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\fs24\lang2057\langfe1033\langnp2057\insrsid1851094\charrsid10094391 AM Manarangi Law Office}{
\fs24\lang2057\langfe1033\langnp2057\insrsid7695079 \cell }{\fs24\lang2057\langfe1033\langnp2057\insrsid13049576\charrsid10094391 Fortune Manning}{\fs24\lang2057\langfe1033\langnp2057\insrsid7695079 \cell }\pard\plain 
\ql \li0\ri0\widctlpar\intbl\aspalpha\aspnum\faauto\adjustright\rin0\lin0 \fs20\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\fs24\lang2057\langfe1033\langnp2057\insrsid7695079 \trowd \irow4\irowband4
\ts24\trgaph108\trleft-108\trftsWidth1\trftsWidthB3\trautofit1\trpaddl108\trpaddr108\trpaddfl3\trpaddft3\trpaddfb3\trpaddfr3\tbllkhdrrows\tbllklastrow\tbllkhdrcols\tbllklastcol \clvertalt\clbrdrt\brdrtbl \clbrdrl\brdrtbl \clbrdrb\brdrtbl \clbrdrr\brdrtbl 
\cltxlrtb\clftsWidth3\clwWidth3919\clshdrawnil \cellx3811\clvertalt\clbrdrt\brdrtbl \clbrdrl\brdrtbl \clbrdrb\brdrtbl \clbrdrr\brdrtbl \cltxlrtb\clftsWidth3\clwWidth3920\clshdrawnil \cellx7731\row }\pard\plain 
\ql \li0\ri0\nowidctlpar\intbl\faauto\adjustright\rin0\lin0\pararsid10094391\yts24 \fs20\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\fs24\lang2057\langfe1033\langnp2057\insrsid1851094\charrsid10094391 P 0 Box 514, Avarua, Rarotonga }{
\fs24\lang2057\langfe1033\langnp2057\insrsid7695079 \cell }{\fs24\lang2057\langfe1033\langnp2057\insrsid13049576\charrsid10094391 P 0 Box 4139}{\fs24\lang2057\langfe1033\langnp2057\insrsid13049576 ,}{\fs24\lang2057\langfe1033\langnp2057\insrsid417661  }{
\fs24\lang2057\langfe1033\langnp2057\insrsid417661\charrsid10094391 Auckland}{\fs24\lang2057\langfe1033\langnp2057\insrsid7695079 \cell }\pard\plain \ql \li0\ri0\widctlpar\intbl\aspalpha\aspnum\faauto\adjustright\rin0\lin0 
\fs20\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\fs24\lang2057\langfe1033\langnp2057\insrsid7695079 \trowd \irow5\irowband5
\ts24\trgaph108\trleft-108\trftsWidth1\trftsWidthB3\trautofit1\trpaddl108\trpaddr108\trpaddfl3\trpaddft3\trpaddfb3\trpaddfr3\tbllkhdrrows\tbllklastrow\tbllkhdrcols\tbllklastcol \clvertalt\clbrdrt\brdrtbl \clbrdrl\brdrtbl \clbrdrb\brdrtbl \clbrdrr\brdrtbl 
\cltxlrtb\clftsWidth3\clwWidth3919\clshdrawnil \cellx3811\clvertalt\clbrdrt\brdrtbl \clbrdrl\brdrtbl \clbrdrb\brdrtbl \clbrdrr\brdrtbl \cltxlrtb\clftsWidth3\clwWidth3920\clshdrawnil \cellx7731\row }\pard\plain 
\ql \li0\ri0\nowidctlpar\intbl\faauto\adjustright\rin0\lin0\pararsid10094391\yts24 \fs20\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\fs24\lang2057\langfe1033\langnp2057\insrsid1851094\charrsid10094391 Cook Islands}{
\fs24\lang2057\langfe1033\langnp2057\insrsid1851094  }{\fs24\lang2057\langfe1033\langnp2057\insrsid7695079 \cell }{\fs24\lang2057\langfe1033\langnp2057\insrsid13049576\charrsid10094391 New Zealand}{\fs24\lang2057\langfe1033\langnp2057\insrsid7695079 
\cell }\pard\plain \ql \li0\ri0\widctlpar\intbl\aspalpha\aspnum\faauto\adjustright\rin0\lin0 \fs20\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\fs24\lang2057\langfe1033\langnp2057\insrsid7695079 \trowd \irow6\irowband6
\ts24\trgaph108\trleft-108\trftsWidth1\trftsWidthB3\trautofit1\trpaddl108\trpaddr108\trpaddfl3\trpaddft3\trpaddfb3\trpaddfr3\tbllkhdrrows\tbllklastrow\tbllkhdrcols\tbllklastcol \clvertalt\clbrdrt\brdrtbl \clbrdrl\brdrtbl \clbrdrb\brdrtbl \clbrdrr\brdrtbl 
\cltxlrtb\clftsWidth3\clwWidth3919\clshdrawnil \cellx3811\clvertalt\clbrdrt\brdrtbl \clbrdrl\brdrtbl \clbrdrb\brdrtbl \clbrdrr\brdrtbl \cltxlrtb\clftsWidth3\clwWidth3920\clshdrawnil \cellx7731\row }\pard\plain 
\ql \li0\ri0\nowidctlpar\intbl\faauto\adjustright\rin0\lin0\pararsid10094391\yts24 \fs20\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\fs24\lang2057\langfe1033\langnp2057\insrsid1851094\charrsid10094391 Telephone: (68 2) 23 840}{
\fs24\lang2057\langfe1033\langnp2057\insrsid7695079 \cell }{\fs24\lang2057\langfe1033\langnp2057\insrsid13049576\charrsid10094391 Telephone: (64 9) 915 2416}{\fs24\lang2057\langfe1033\langnp2057\insrsid7695079 \cell }\pard\plain 
\ql \li0\ri0\widctlpar\intbl\aspalpha\aspnum\faauto\adjustright\rin0\lin0 \fs20\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\fs24\lang2057\langfe1033\langnp2057\insrsid7695079 \trowd \irow7\irowband7
\ts24\trgaph108\trleft-108\trftsWidth1\trftsWidthB3\trautofit1\trpaddl108\trpaddr108\trpaddfl3\trpaddft3\trpaddfb3\trpaddfr3\tbllkhdrrows\tbllklastrow\tbllkhdrcols\tbllklastcol \clvertalt\clbrdrt\brdrtbl \clbrdrl\brdrtbl \clbrdrb\brdrtbl \clbrdrr\brdrtbl 
\cltxlrtb\clftsWidth3\clwWidth3919\clshdrawnil \cellx3811\clvertalt\clbrdrt\brdrtbl \clbrdrl\brdrtbl \clbrdrb\brdrtbl \clbrdrr\brdrtbl \cltxlrtb\clftsWidth3\clwWidth3920\clshdrawnil \cellx7731\row }\pard\plain 
\ql \li0\ri0\nowidctlpar\intbl\faauto\adjustright\rin0\lin0\pararsid10094391\yts24 \fs20\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\fs24\lang2057\langfe1033\langnp2057\insrsid1851094\charrsid10094391 Facsimile: (68 2) 23843}{
\fs24\lang2057\langfe1033\langnp2057\insrsid7695079 \cell }{\fs24\lang2057\langfe1033\langnp2057\insrsid13049576\charrsid10094391 Facsimile: (64 9) 915 2402}{\fs24\lang2057\langfe1033\langnp2057\insrsid7695079 \cell }\pard\plain 
\ql \li0\ri0\widctlpar\intbl\aspalpha\aspnum\faauto\adjustright\rin0\lin0 \fs20\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\fs24\lang2057\langfe1033\langnp2057\insrsid7695079 \trowd \irow8\irowband8
\ts24\trgaph108\trleft-108\trftsWidth1\trftsWidthB3\trautofit1\trpaddl108\trpaddr108\trpaddfl3\trpaddft3\trpaddfb3\trpaddfr3\tbllkhdrrows\tbllklastrow\tbllkhdrcols\tbllklastcol \clvertalt\clbrdrt\brdrtbl \clbrdrl\brdrtbl \clbrdrb\brdrtbl \clbrdrr\brdrtbl 
\cltxlrtb\clftsWidth3\clwWidth3919\clshdrawnil \cellx3811\clvertalt\clbrdrt\brdrtbl \clbrdrl\brdrtbl \clbrdrb\brdrtbl \clbrdrr\brdrtbl \cltxlrtb\clftsWidth3\clwWidth3920\clshdrawnil \cellx7731\row }\pard\plain 
\ql \li0\ri0\nowidctlpar\intbl\faauto\adjustright\rin0\lin0\pararsid10094391\yts24 \fs20\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\fs24\lang2057\langfe1033\langnp2057\insrsid417661 Email: tony2@attorn}{
\fs24\lang2057\langfe1033\langnp2057\insrsid1851094\charrsid10094391 ey.co.ck}{\fs24\lang2057\langfe1033\langnp2057\insrsid7695079 \cell }{\fs24\lang2057\langfe1033\langnp2057\insrsid13049576\charrsid10094391 Email: gjh@fmlaw.co.nz}{
\fs24\lang2057\langfe1033\langnp2057\insrsid7695079 \cell }\pard\plain \ql \li0\ri0\widctlpar\intbl\aspalpha\aspnum\faauto\adjustright\rin0\lin0 \fs20\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\fs24\lang2057\langfe1033\langnp2057\insrsid7695079 
\trowd \irow9\irowband9\lastrow \ts24\trgaph108\trleft-108\trftsWidth1\trftsWidthB3\trautofit1\trpaddl108\trpaddr108\trpaddfl3\trpaddft3\trpaddfb3\trpaddfr3\tbllkhdrrows\tbllklastrow\tbllkhdrcols\tbllklastcol \clvertalt\clbrdrt\brdrtbl \clbrdrl\brdrtbl 
\clbrdrb\brdrtbl \clbrdrr\brdrtbl \cltxlrtb\clftsWidth3\clwWidth3919\clshdrawnil \cellx3811\clvertalt\clbrdrt\brdrtbl \clbrdrl\brdrtbl \clbrdrb\brdrtbl \clbrdrr\brdrtbl \cltxlrtb\clftsWidth3\clwWidth3920\clshdrawnil \cellx7731\row }\pard 
\ql \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid10094391 {\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid10094391 
\par }{\b\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid8278566 Background
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid8278566\charrsid10094391 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid10094391 
This case involved a dispute between the Applicants and the Respondent, both shareholders in Crown Beach Executive Villas Limited ("Crown Beach"), regarding two key issues; first, the correct ranking priority of the Trustees Securities and the Perkins/Hur
l
ey Securities over Crown Beach, and second whether the Respondent's entitlement under the Perkins/Hurley Securities was limited to a proportion of her contribution under the Securities or included, as the Respondent claimed, monies for accounting work don
e for Crown Beach, management fees during her period of management, and various disbursements and legal fees.}{\fs24\lang2057\langfe1033\langnp2057\insrsid10094391 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid16530836\charrsid10094391 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid16530836 [2]}{\fs24\lang2057\langfe1033\langnp2057\insrsid10094391  }{\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid10094391 On 19 May 2000 the Applicants sought, }{
\i\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid7413395 inter alia}{\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid10094391  declarations:}{\fs24\lang2057\langfe1033\langnp2057\insrsid10094391 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid7413395\charrsid10094391 
\par }\pard \ql \li720\ri0\nowidctlpar\faauto\adjustright\rin0\lin720\itap0\pararsid7413395 {\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid10094391 a)}{\fs24\lang2057\langfe1033\langnp2057\insrsid10094391  }{
\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid10094391 determining what priority was to be accorded the Securities granted by Crown Beach;}{\fs24\lang2057\langfe1033\langnp2057\insrsid10094391 
\par }\pard \ql \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid14568197 {\fs24\lang2057\langfe1033\langnp2057\insrsid7413395\charrsid10094391 
\par }\pard \ql \li720\ri0\nowidctlpar\faauto\adjustright\rin0\lin720\itap0\pararsid7413395 {\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid10094391 b)}{\fs24\lang2057\langfe1033\langnp2057\insrsid10094391  }{
\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid10094391 that the loan made by the Respondent to Crown Beach was limited to $35,025.41; and}{\fs24\lang2057\langfe1033\langnp2057\insrsid10094391 
\par }\pard \ql \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid14568197 {\fs24\lang2057\langfe1033\langnp2057\insrsid7413395\charrsid10094391 
\par }\pard \ql \li720\ri0\nowidctlpar\faauto\adjustright\rin0\lin720\itap0\pararsid7413395 {\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid10094391 c)}{\fs24\lang2057\langfe1033\langnp2057\insrsid10094391  }{
\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid10094391 that if all monies due and owing under the Securities were paid, then nothing more was due to the Respondent as she had already received payments in excess of her advance.}{
\fs24\lang2057\langfe1033\langnp2057\insrsid10094391 
\par }\pard \ql \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid10094391 {\fs24\lang2057\langfe1033\langnp2057\insrsid7413395\charrsid10094391 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid11828612 [3] }{\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid10094391 Notice that a hearing was to take place on 7 April 2003 in Auckland was duly se
rved on the Respondent but Ms Hurley did not appear at the hearing. At the hearing on 7 April 2003, after hearing counsel for the Applicants (Mr An}{\fs24\lang2057\langfe1033\langnp2057\insrsid417661 thony M. Manarangi), evidence from Mr Peter J}{
\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid10094391 . Brannigan (a chartered accountant called by the Applicants), a
nd Mr Rondo W. Perkins who, having been sworn, produced a signed brief of evidence, the Court reserved its judgment. In the reserved judgment of this Court delivered the next day on }{\fs24\lang2057\langfe1033\langnp2057\insrsid417661 8}{
\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid10094391  April 2003, the Court found in favour of the Applicants and ruled as follows:
\par 
\par }\pard \ql \li720\ri0\nowidctlpar\faauto\adjustright\rin0\lin720\itap0\pararsid5070014 {\fs24\lang2057\langfe1033\langnp2057\insrsid8849179 \'93(1) }{\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid10094391 
That the Debenture and Mortgage both dated 17 September 199 }{\i\fs24\lang2057\langfe1033\langnp2057\insrsid417661\charrsid417661 [sic]}{\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid10094391 
(the Kotaa Trustee Securities) have priority over the Debenture and Mortgage both dated 19 April 1999 (the Perkins/Hurley Securities).}{\fs24\lang2057\langfe1033\langnp2057\insrsid10094391 
\par }\pard \ql \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid10094391 {\fs24\lang2057\langfe1033\langnp2057\insrsid5070014\charrsid10094391 
\par }\pard \ql \li720\ri0\nowidctlpar\faauto\adjustright\rin0\lin720\itap0\pararsid6180475 {\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid10094391 (2)}{\fs24\lang2057\langfe1033\langnp2057\insrsid10094391  }{
\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid10094391 That the Respondent has received payment in excess of her entitlement and therefore is not entitled to a payment out of monies paid to Court.}{
\fs24\lang2057\langfe1033\langnp2057\insrsid10094391 
\par }\pard \ql \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid14568197 {\fs24\lang2057\langfe1033\langnp2057\insrsid6180475\charrsid10094391 
\par }\pard \ql \li720\ri0\nowidctlpar\faauto\adjustright\rin0\lin720\itap0\pararsid6180475 {\fs24\lang2057\langfe1033\langnp2057\insrsid6180475 (3) }{\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid10094391 
That the Registrar be directed to release the $137,000 paid into Court together with any accrued interest to the Applicants or their solicitor, Mr A.M. Manarangi.}{\fs24\lang2057\langfe1033\langnp2057\insrsid10094391 
\par }\pard \ql \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid10094391 {\fs24\lang2057\langfe1033\langnp2057\insrsid6180475\charrsid10094391 
\par }\pard \ql \li720\ri0\nowidctlpar\faauto\adjustright\rin0\lin720\itap0\pararsid6180475 {\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid10094391 (4)}{\fs24\lang2057\langfe1033\langnp2057\insrsid10094391  }{
\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid10094391 The Applicants are entitled to costs. A memorandum is to be submitted within 14 days as to the appropriate quantum of those costs."}{
\fs24\lang2057\langfe1033\langnp2057\insrsid10094391 
\par }\pard \ql \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid10094391 {\fs24\lang2057\langfe1033\langnp2057\insrsid6180475\charrsid10094391 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid10094391 [4]}{\fs24\lang2057\langfe1033\langnp2057\insrsid10094391  }{\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid10094391 
Due to other pressing arrangements which had arisen, on 14 May 2003 Mr Manarangi sought an extension of 14 days within which to submit the Applicants' memorandum on costs, which was granted on 16 May 2003. O
n 13 June 2003 Mr Manarangi sought a further extension of 14 days from 16 June 2003 for filing the memorandum. The Court's attention was drawn to Rule 130(2) of the Code of Civil Procedure of the High Court 1981 which allowed an order enlarging time to be
 
granted notwithstanding that the application was not made until the expiration of time allocated. The Court granted the extension as sought on 16 June 2003. The memorandum on costs was filed on 3 July 2003. No memorandum as to the appropriate quantum of c
osts was filed on behalf of the Respondent.}{\fs24\lang2057\langfe1033\langnp2057\insrsid10094391 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid93590\charrsid10094391 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid93590 [5] }{\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid10094391 
The Court subsequently sought a short supplementary memorandum from Mr Manarangi outlining the relevant rules, provisions and legal authorities applicable in the High Court of the Cook Islands on costs. This 
memorandum was filed on 23 March 2004 but was not received by the Court until 2 September 2004. The Court accepts that the delay was not caused by counsel. It appears that due to administrative oversight the submissions were not forwarded to me until Sept
ember 2004.
\par 
\par }{\b\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid2845023 Applicable Statutory Provisions
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid2845023\charrsid2845023 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid2845023 
[6] With respect to the relevant rules and statutory provisions regarding costs, Mr Manarangi's supplementary memorandum directed the Court to s 92 of the Judicature Act 1980-81, Rule 300(1) of the Code of Civil
 Procedure of the High Court, and the scale of solicitor's costs as set out in the High Court Fees Costs and Allowances Regulations 1997. Section 92 of the Judicature Act 1980-81 provides:}{\fs24\lang2057\langfe1033\langnp2057\insrsid10094391 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid4749854\charrsid2845023 
\par }\pard \ql \li720\ri0\nowidctlpar\faauto\adjustright\rin0\lin720\itap0\pararsid10043153 {\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid2845023 "92. }{\fs24\ul\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid417661 Costs}{
\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid2845023  - Subject to this Act and to the provisions of the Crim
es Act 1969, the High Court shall have power to make such order as it thinks just for the payment of the costs of any proceedings by or to any party thereto. Such costs shall be in the discretion of the Court, and may, if the Court thinks fit, be ordered 
to be charged upon or paid out of any fund or estate before the Court."}{\fs24\lang2057\langfe1033\langnp2057\insrsid10094391 
\par }\pard \ql \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid10094391 {\fs24\lang2057\langfe1033\langnp2057\insrsid10043153\charrsid2845023 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid2845023 [7] Rule 300(1) of}{\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid10094391  the Code of Civil Procedure of the High Court provides:}{
\fs24\lang2057\langfe1033\langnp2057\insrsid10094391 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid4798146\charrsid10094391 
\par }\pard \ql \li720\ri0\nowidctlpar\faauto\adjustright\rin0\lin720\itap0\pararsid4798146 {\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid10094391 "300.}{\fs24\lang2057\langfe1033\langnp2057\insrsid10094391  }{
\fs24\ul\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid417661 Costs}{\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid10094391  - (1) Subject to the provisions of these rules, the costs of any pro
ceedings shall be paid by or apportioned between the parties in such manner as the Court sees fit; and in default of any special directing such costs shall abide the event of the proceedings."}{\fs24\lang2057\langfe1033\langnp2057\insrsid10094391 
\par }\pard \ql \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid10094391 {\fs24\lang2057\langfe1033\langnp2057\insrsid4798146\charrsid10094391 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid10094391 [8]}{\fs24\lang2057\langfe1033\langnp2057\insrsid10094391  }{\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid10094391 
The High Court Fees Costs and Allowances Regulations 1997 provide for a scale of solicitor's costs.}{\fs24\lang2057\langfe1033\langnp2057\insrsid10094391  }{\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid10094391 
The Regulations relevantly provide for costs where the claim is for a sum of money in excess of $20,000 as follows:}{\fs24\lang2057\langfe1033\langnp2057\insrsid10094391 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid15943571\charrsid10094391 
\par }\trowd \irow0\irowband0\ts11\trrh-535\trleft0\trftsWidth1 \clvertalc\clbrdrt\brdrnone \clbrdrl\brdrnone \clbrdrb\brdrnone \clbrdrr\brdrnone \cltxlrtb\clftsWidth3\clwWidth4414\clshdrawnil \cellx4414\clvertalc\clbrdrt\brdrnone \clbrdrl\brdrnone \clbrdrb
\brdrnone \clbrdrr\brdrnone \cltxlrtb\clftsWidth3\clwWidth1531\clshdrawnil \cellx5945\pard \ql \li720\ri0\nowidctlpar\intbl\faauto\adjustright\rin0\lin720\pararsid14568197 {\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid10094391 
"4.1 Preparing statement of claim\cell }\pard \ql \li0\ri0\nowidctlpar\intbl\faauto\adjustright\rin0\lin0\pararsid10094391 {\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid10094391 $100.00\cell }\pard 
\ql \li0\ri0\widctlpar\intbl\aspalpha\aspnum\faauto\adjustright\rin0\lin0 {\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid10094391 \trowd \irow0\irowband0\ts11\trrh-535\trleft0\trftsWidth1 \clvertalc\clbrdrt\brdrnone \clbrdrl\brdrnone 
\clbrdrb\brdrnone \clbrdrr\brdrnone \cltxlrtb\clftsWidth3\clwWidth4414\clshdrawnil \cellx4414\clvertalc\clbrdrt\brdrnone \clbrdrl\brdrnone \clbrdrb\brdrnone \clbrdrr\brdrnone \cltxlrtb\clftsWidth3\clwWidth1531\clshdrawnil \cellx5945\row 
}\trowd \irow1\irowband1\ts11\trrh-581\trleft0\trftsWidth1 \clvertalc\clbrdrt\brdrnone \clbrdrl\brdrnone \clbrdrb\brdrnone \clbrdrr\brdrnone \cltxlrtb\clftsWidth3\clwWidth4414\clshdrawnil \cellx4414\clvertalc\clbrdrt\brdrnone \clbrdrl\brdrnone \clbrdrb
\brdrnone \clbrdrr\brdrnone \cltxlrtb\clftsWidth3\clwWidth1531\clshdrawnil \cellx5945\pard \ql \li720\ri0\nowidctlpar\intbl\faauto\adjustright\rin0\lin720\pararsid14568197 {\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid10094391 
4.2 Appearing on undefended hearing\cell }\pard \ql \li0\ri0\nowidctlpar\intbl\faauto\adjustright\rin0\lin0\pararsid10094391 {\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid10094391 \cell }\pard 
\ql \li0\ri0\widctlpar\intbl\aspalpha\aspnum\faauto\adjustright\rin0\lin0 {\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid10094391 \trowd \irow1\irowband1\ts11\trrh-581\trleft0\trftsWidth1 \clvertalc\clbrdrt\brdrnone \clbrdrl\brdrnone 
\clbrdrb\brdrnone \clbrdrr\brdrnone \cltxlrtb\clftsWidth3\clwWidth4414\clshdrawnil \cellx4414\clvertalc\clbrdrt\brdrnone \clbrdrl\brdrnone \clbrdrb\brdrnone \clbrdrr\brdrnone \cltxlrtb\clftsWidth3\clwWidth1531\clshdrawnil \cellx5945\row 
}\trowd \irow2\irowband2\lastrow \ts11\trrh-505\trleft0\trftsWidth1 \clvertalc\clbrdrt\brdrnone \clbrdrl\brdrnone \clbrdrb\brdrnone \clbrdrr\brdrnone \cltxlrtb\clftsWidth3\clwWidth4414\clshdrawnil \cellx4414\clvertalc\clbrdrt\brdrnone \clbrdrl\brdrnone 
\clbrdrb\brdrnone \clbrdrr\brdrnone \cltxlrtb\clftsWidth3\clwWidth1531\clshdrawnil \cellx5945\pard \ql \li720\ri0\nowidctlpar\intbl\faauto\adjustright\rin0\lin720\pararsid14568197 {\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid10094391 
where evidence is adduced\cell }\pard \ql \li0\ri0\nowidctlpar\intbl\faauto\adjustright\rin0\lin0\pararsid10094391 {\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid10094391 $ 40.00"\cell }\pard 
\ql \li0\ri0\widctlpar\intbl\aspalpha\aspnum\faauto\adjustright\rin0\lin0 {\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid10094391 \trowd \irow2\irowband2\lastrow \ts11\trrh-505\trleft0\trftsWidth1 \clvertalc\clbrdrt\brdrnone \clbrdrl
\brdrnone \clbrdrb\brdrnone \clbrdrr\brdrnone \cltxlrtb\clftsWidth3\clwWidth4414\clshdrawnil \cellx4414\clvertalc\clbrdrt\brdrnone \clbrdrl\brdrnone \clbrdrb\brdrnone \clbrdrr\brdrnone \cltxlrtb\clftsWidth3\clwWidth1531\clshdrawnil \cellx5945\row }\pard 
\ql \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid10094391 {\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid10094391 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid15943571 [9] }{\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid10094391 
Mr Peter Brannigan, a chartered accountant who had advised the Applicants, and who had given extensive evidence at the hearing, charged $11,812.50 for his services in relation to the hearing. It is therefore necessa
ry to add to this list that the Fifth Schedule of the}{\fs24\lang2057\langfe1033\langnp2057\insrsid97271  }{\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid10094391 
Regulations provides, in respect of scale of payment to witnesses and interpreters:}{\fs24\lang2057\langfe1033\langnp2057\insrsid10094391 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid97271\charrsid10094391 
\par }\pard \ql \li720\ri0\nowidctlpar\faauto\adjustright\rin0\lin720\itap0\pararsid9526612 {\fs24\lang2057\langfe1033\langnp2057\insrsid9526612 \u8243\'3f}{\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid10094391 
C ... Any other allowances and expenses shall be such as the Court or Registrar thinks just and reasonable."}{\fs24\lang2057\langfe1033\langnp2057\insrsid10094391 
\par }\pard \ql \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid16340704 {\fs24\lang2057\langfe1033\langnp2057\insrsid9526612\charrsid10094391 
\par }\pard \ql \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid10094391 {\b\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid9526612 Applicable Legal Principles
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid9526612\charrsid10094391 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid10094391 [10]}{\fs24\lang2057\langfe1033\langnp2057\insrsid10094391  }{\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid10094391 
The underlying basis for awarding costs in the Cook Islands is that which applied in the New Zealand High Court prior to the new regime introduced in New Zealand on 1 January 2000. The ba
sic principles are that costs are in the discretion of the Court; the party who fails with respect to the proceeding should pay the costs of the party who succeeds; they are generally awarded on a party and party basis and rarely on an indemnity basis. Th
erefore a successful party is, in the normal course, entitled to a reasonable contribution of actual and reasonable costs incurred.}{\fs24\lang2057\langfe1033\langnp2057\insrsid10094391 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid7041971\charrsid10094391 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid10094391 [11]}{\fs24\lang2057\langfe1033\langnp2057\insrsid10094391  }{\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid10094391 
Mr Manarangi referred the Court to its judgments as to interest and costs }{\b\i\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid6304924 Messine v Mitchell}{\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid10094391 
 [11 February 2004] ("}{\i\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid417661 Messine}{\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid10094391 ") and }{\b\i\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid6304924 
Farnsworth v Perkins}{\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid10094391  [9 August 1999] ("}{\i\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid417661 Farnsworth}{
\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid10094391 ") and submitted that a similar approach should be taken in the present case. In }{\i\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid417661 Farnswo}{
\i\fs24\lang2057\langfe1033\langnp2057\insrsid417661 r}{\i\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid417661 th}{\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid10094391 
 the Cook Islands Court of Appeal, in dealing with an appeal against costs, considered that the appropriate approach was that taken by the New Zealand High Court in }{\b\i\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid5572952 
Morton v Douglas Ho}{\b\i\fs24\lang2057\langfe1033\langnp2057\insrsid417661 m}{\b\i\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid5572952 es Ltd (No 2)}{\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid10094391 
 [1984] 2 NZLR 620 ("}{\i\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid417661 Morton}{\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid10094391 
"), where it was held that the purpose of an award of party and party costs was to impose on the successful party an obligation to ma
ke a reasonable contribution towards the costs reasonably and properly incurred by the successful party. With reference to the similar scale of costs then included in the New Zealand Code of Civil Procedure, the High Court held that the scale was a legisl
a
tive direction as to what was to be regarded as a reasonable contribution in the ordinary kind of case. If, in the circumstances of a particular case, compliance with that direction in the scale would not achieve the purpose of an award of costs, the Cour
t in its discretion was}{\fs24\lang2057\langfe1033\langnp2057\insrsid1526021  }{\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid10094391 entitled to award more. It was further held in }{
\i\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid417661 Morton}{\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid10094391 
 that the nature and course of the proceedings would always be the dominant consideration but there was room for recognising the amount of solicitor and client costs reasonably incurred in the particular case.}{
\fs24\lang2057\langfe1033\langnp2057\insrsid10094391 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid1526021\charrsid10094391 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid10094391 [12]}{\fs24\lang2057\langfe1033\langnp2057\insrsid10094391  }{\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid10094391 In }{
\b\i\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid1526021 Farnsworth}{\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid10094391  the appellant elected a non-suit one day b}{\fs24\lang2057\langfe1033\langnp2057\insrsid417661 
efore trial. The High}{\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid10094391 
 Court awarded costs of $40,000 to the respondents out of an actual total incurred of $88,732.58. The Court of Appeal expressly recognised that Hillyer J, in the lower court, was "entitled to award for costs whatever amount seemed just to him in all the c
i
rcumstances of the case" but, after consideration of the nature and course of the High Court proceeding and all other relevant factors, concluded that "an award of this dimension went beyond the acceptable limits of the discretion for a matter of this nat
ure" and reduced the award to $20,000 inclusive of disbursements.}{\fs24\lang2057\langfe1033\langnp2057\insrsid10094391 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid11881020\charrsid10094391 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid10094391 [13]}{\fs24\lang2057\langfe1033\langnp2057\insrsid10094391  }{\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid10094391 Mr Manarangi noted that a similar approach to }{
\i\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid417661 Fa}{\i\fs24\lang2057\langfe1033\langnp2057\insrsid417661\charrsid417661 r}{\i\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid417661 nsworth}{
\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid10094391  was recently taken by the High Court in }{\i\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid417661 Messine}{
\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid10094391 . In }{\i\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid417661 Messine}{\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid10094391  the Court cited }{
\b\i\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid11881020 Holden v Architectural Finishes Ltd}{\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid10094391  [1997] 3 NZLR 143 ("}{
\i\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid12069129 Holden}{\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid10094391 
") where it was held that a successful party was entitled to a reasonable contribution to costs actually and reasonably incurred unless there were good reasons to the contrary. Notably McGechan J emphasised that the public interest in allocating scar}{
\fs24\lang2057\langfe1033\langnp2057\insrsid12069129 c}{\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid10094391 
e Court time required disincentives against any parties wasting time by unwarranted or inefficient practice within proceedings. The scale was described as a "starting point" against which other relevant factors such as the length of the hearing, amoun
t involved, importance to the parties and generally, legal and factual complexity, and time required for preparation should be considered. The Court further noted that disbursements are generally recoverable.}{
\fs24\lang2057\langfe1033\langnp2057\insrsid10094391 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid11881020\charrsid10094391 
\par }{\b\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid15871440 Submissions in Support of Costs
\par }{\b\fs24\lang2057\langfe1033\langnp2057\insrsid15871440\charrsid15871440 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid10094391 [14]}{\fs24\lang2057\langfe1033\langnp2057\insrsid10094391  }{\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid10094391 In his m
emorandum dated 3 July 2003 Mr Manarangi submitted that the award should be in the nature of indemnity costs amounting to a total of}{\fs24\lang2057\langfe1033\langnp2057\insrsid16340704  }{
\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid10094391 $33,258.54, comprising of Applicants' airfares, legal costs, accommodation and disbursements. Essential
ly, the justification for the award was that the Respondent's conduct in opposing the application had put the Applicants to additional cost and expense that they were entitled to recover. This argument was supported by three grounds: the Respondent's proc
edural conduct, the Respondent's conduct in relation to the substantive hearing, and the lack of merit in the Respondent's defence. These grounds are summarised as follows.
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid6387050 
\par }{\fs24\ul\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid6387050 First Ground: Respondent's Procedural Conduct
\par }{\fs24\ul\lang2057\langfe1033\langnp2057\insrsid6387050\charrsid6387050 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid10094391 [15] After setting out the relevant procedural history, Mr Manarangi described how the Respondent's procedural conduct had resulted in additional cost and delay:}{
\fs24\lang2057\langfe1033\langnp2057\insrsid10094391 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid11819341\charrsid10094391 
\par }\pard \ql \li720\ri0\nowidctlpar\faauto\adjustright\rin0\lin720\itap0\pararsid11819341 {\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid10094391 
"The Respondent's conduct of her opposition to this proceeding has been less than diligent. The Applicants have been put to unnecessary expense on s}{\fs24\lang2057\langfe1033\langnp2057\insrsid12069129 everal occasions as a result. }{
\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid10094391 
Two applications to bar the Respondent from defending were filed as a result of failure to comply with the Court's orders and directions. The fixture of 29 November 2002 was vacated partially as a result of 
the Respondent's submission that discovery and inspection had not been attended to and that there were further interlocutory matters that had yet to be made all of which should have been completed by 20 April 2001. The interlocutory applications foreshado
w
ed did not materialise and neither did inspection by the Respondent take place. At the very least the Respondent might have notified with Court of her address and contact details by her memorandum of 20 August 2002. This alone would have enabled the Appli
cants, and Counsel to notify the Respondent of developments and the Court to determine whether she had received proper notice."}{\fs24\lang2057\langfe1033\langnp2057\insrsid10094391 
\par }\pard \ql \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid10094391 {\fs24\lang2057\langfe1033\langnp2057\insrsid11819341\charrsid10094391 
\par }{\fs24\ul\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid12076907 Second Ground: Respondent's Conduct in Relation to Substantive Hearing
\par }{\fs24\ul\lang2057\langfe1033\langnp2057\insrsid12076907\charrsid12076907 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid10094391 [16]}{\fs24\lang2057\langfe1033\langnp2057\insrsid10094391  }{\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid10094391 Under this ground it was submitted that the Respond
ent knew for some time that she would not offer a defence in person yet chose a course of conduct that caused maximum inconvenience for the Applicants. In particular, it was submitted that up to the time of the substantive hearing on 7 April 2003 there wa
s no certainty that the Respondent would not}{\fs24\lang2057\langfe1033\langnp2057\insrsid11341849  }{\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid10094391 
appear in person to defend that Applicants' claim. Mr Manarangi and the Applicants therefore delayed confirmation of their airline travel until the "last minute" and Mr Manarangi delayed final preparatory work un
til 2 April 2003, which was, in the absence of indication to the contrary, undertaken on the basis that a full defended hearing would take place. The Court notes that it was reasonable for Mr Brannigan, the Applicants and Mr Manarangi to come prepared for
 a defended hearing because on 25 May 2001 the Respondent had filed an affidavit, which indicated that she was opposed to the application.}{\fs24\lang2057\langfe1033\langnp2057\insrsid10094391 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid1050907\charrsid10094391 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid10094391 [17]}{\fs24\lang2057\langfe1033\langnp2057\insrsid10094391  }{\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid10094391 
Mr Manarangi further submitted that, had the Respondent confessed the Applicants' claim, or alternatively indica
ted that nothing further than the affidavit and the submission of 20 August 2002 would be offered by way of defence, preparatory work would have been limited to formal proof and conceivably that proof could have been presented to the Court by affidavit.}{
\fs24\lang2057\langfe1033\langnp2057\insrsid10094391 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid14090774\charrsid10094391 
\par }{\fs24\ul\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid14090774 Third Ground: }{\fs24\ul\lang2057\langfe1033\langnp2057\insrsid14090774\charrsid14090774 No Merit in Respondent\rquote s Defence }{
\fs24\ul\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid14090774 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid14090774\charrsid10094391 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid10094391 [18]}{\fs24\lang2057\langfe1033\langnp2057\insrsid10094391  }{\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid10094391 
With respect to the two issues in dispute (outlined at paragraph 1 of this judgment), it was submitted that, in relation to the first issue, if the Resp
ondent was to receive payment out of monies secured by the Perkins/Hurley Securities it was necessary for her to demonstrate that either of those securities had priority or, if they did not have priority, that there was a money surplus to the receivership
 
sufficient to provide for a payment under the Perkins/Hurley Securities after payment of all money due under the Trustees Securities. Priority in favour of the Perkins/Hurley Securities was highly unlikely as a result of the debt to equity ratio having be
en exceeded and a surplus was either also highly unlikely (given the amount due under the Trustee Securities) or if there was to be a surplus, the amount was minimal such that the Respondent's proportionate entitlement was negligible.
\par 
\par [19]}{\fs24\lang2057\langfe1033\langnp2057\insrsid10094391  }{\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid10094391 With regard to t
he second issue, it was submitted that even if the Respondent could have demonstrated that the Perkins/Hurley Securities had priority, the second issue had to be answered in the affirmative because of the payments received from the ANZ Bank account. As th
i
s Court previously observed, the Respondent chose not to offer any evidence that would explain the unusual circumstances in which these payments were made or that they were justified reimbursements for supplies and therefore other than what the Respondent
 claimed was due to her unde}{\fs24\lang2057\langfe1033\langnp2057\insrsid10166877 r the Pe}{\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid10094391 rkins/Hurley securities.
\par 
\par [20]}{\fs24\lang2057\langfe1033\langnp2057\insrsid10094391  }{\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid10094391 On the basis of these submissions, the Applicants claimed the following costs:}{
\fs24\lang2057\langfe1033\langnp2057\insrsid10094391 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid5643780\charrsid10094391 
\par }\trowd \irow0\irowband0\ts11\trrh-266\trleft0\trftsWidth1 \clvertalc\clbrdrt\brdrnone \clbrdrl\brdrnone \clbrdrb\brdrnone \clbrdrr\brdrnone \cltxlrtb\clftsWidth3\clwWidth4496\clshdrawnil \cellx4496\clvertalc\clbrdrt\brdrnone \clbrdrl\brdrnone \clbrdrb
\brdrnone \clbrdrr\brdrnone \cltxlrtb\clftsWidth3\clwWidth1512\clshdrawnil \cellx6008\pard \ql \li720\ri0\nowidctlpar\intbl\faauto\adjustright\rin0\lin720\pararsid16340704 {\b\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid1275372 "Airfares
\cell }\pard \ql \li0\ri0\nowidctlpar\intbl\faauto\adjustright\rin0\lin0\pararsid10094391 {\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid10094391 \cell }\pard \ql \li0\ri0\widctlpar\intbl\aspalpha\aspnum\faauto\adjustright\rin0\lin0 {
\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid10094391 \trowd \irow0\irowband0\ts11\trrh-266\trleft0\trftsWidth1 \clvertalc\clbrdrt\brdrnone \clbrdrl\brdrnone \clbrdrb\brdrnone \clbrdrr\brdrnone 
\cltxlrtb\clftsWidth3\clwWidth4496\clshdrawnil \cellx4496\clvertalc\clbrdrt\brdrnone \clbrdrl\brdrnone \clbrdrb\brdrnone \clbrdrr\brdrnone \cltxlrtb\clftsWidth3\clwWidth1512\clshdrawnil \cellx6008\row }\trowd \irow1\irowband1
\ts11\trrh-497\trleft0\trftsWidth1 \clvertalc\clbrdrt\brdrnone \clbrdrl\brdrnone \clbrdrb\brdrnone \clbrdrr\brdrnone \cltxlrtb\clftsWidth3\clwWidth4496\clshdrawnil \cellx4496\clvertalc\clbrdrt\brdrnone \clbrdrl\brdrnone \clbrdrb\brdrnone \clbrdrr
\brdrnone \cltxlrtb\clftsWidth3\clwWidth1512\clshdrawnil \cellx6008\pard \ql \li720\ri0\nowidctlpar\intbl\faauto\adjustright\rin0\lin720\pararsid16340704 {\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid10094391 
Perkins(Mr and Mrs):US$3,881.56 @.5555\cell }\pard \ql \li0\ri0\nowidctlpar\intbl\faauto\adjustright\rin0\lin0\pararsid10094391 {\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid10094391 $ 6,987.50}{
\fs24\lang2057\langfe1033\langnp2057\insrsid10094391 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid12069129\charrsid10094391 \cell }\pard \ql \li0\ri0\widctlpar\intbl\aspalpha\aspnum\faauto\adjustright\rin0\lin0 {\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid10094391 \trowd \irow1\irowband1
\ts11\trrh-497\trleft0\trftsWidth1 \clvertalc\clbrdrt\brdrnone \clbrdrl\brdrnone \clbrdrb\brdrnone \clbrdrr\brdrnone \cltxlrtb\clftsWidth3\clwWidth4496\clshdrawnil \cellx4496\clvertalc\clbrdrt\brdrnone \clbrdrl\brdrnone \clbrdrb\brdrnone \clbrdrr
\brdrnone \cltxlrtb\clftsWidth3\clwWidth1512\clshdrawnil \cellx6008\row }\trowd \irow2\irowband2\ts11\trrh-326\trleft0\trftsWidth1 \clvertalc\clbrdrt\brdrnone \clbrdrl\brdrnone \clbrdrb\brdrnone \clbrdrr\brdrnone 
\cltxlrtb\clftsWidth3\clwWidth4496\clshdrawnil \cellx4496\clvertalc\clbrdrt\brdrnone \clbrdrl\brdrnone \clbrdrb\brdrnone \clbrdrr\brdrnone \cltxlrtb\clftsWidth3\clwWidth1512\clshdrawnil \cellx6008\pard 
\ql \li720\ri0\nowidctlpar\intbl\faauto\adjustright\rin0\lin720\pararsid16340704 {\b\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid1275372 Fees\cell }\pard \ql \li0\ri0\nowidctlpar\intbl\faauto\adjustright\rin0\lin0\pararsid10094391 {
\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid10094391 \cell }\pard \ql \li0\ri0\widctlpar\intbl\aspalpha\aspnum\faauto\adjustright\rin0\lin0 {\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid10094391 \trowd \irow2\irowband2
\ts11\trrh-326\trleft0\trftsWidth1 \clvertalc\clbrdrt\brdrnone \clbrdrl\brdrnone \clbrdrb\brdrnone \clbrdrr\brdrnone \cltxlrtb\clftsWidth3\clwWidth4496\clshdrawnil \cellx4496\clvertalc\clbrdrt\brdrnone \clbrdrl\brdrnone \clbrdrb\brdrnone \clbrdrr
\brdrnone \cltxlrtb\clftsWidth3\clwWidth1512\clshdrawnil \cellx6008\row }\trowd \irow3\irowband3\ts11\trrh-240\trleft0\trftsWidth1 \clvertalc\clbrdrt\brdrnone \clbrdrl\brdrnone \clbrdrb\brdrnone \clbrdrr\brdrnone 
\cltxlrtb\clftsWidth3\clwWidth4496\clshdrawnil \cellx4496\clvertalc\clbrdrt\brdrnone \clbrdrl\brdrnone \clbrdrb\brdrnone \clbrdrr\brdrnone \cltxlrtb\clftsWidth3\clwWidth1512\clshdrawnil \cellx6008\pard 
\ql \li720\ri0\nowidctlpar\intbl\faauto\adjustright\rin0\lin720\pararsid16340704 {\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid10094391 Counsel\cell }\pard \ql \li0\ri0\nowidctlpar\intbl\faauto\adjustright\rin0\lin0\pararsid10094391 {
\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid10094391 $ 11,250.00\cell }\pard \ql \li0\ri0\widctlpar\intbl\aspalpha\aspnum\faauto\adjustright\rin0\lin0 {\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid10094391 
\trowd \irow3\irowband3\ts11\trrh-240\trleft0\trftsWidth1 \clvertalc\clbrdrt\brdrnone \clbrdrl\brdrnone \clbrdrb\brdrnone \clbrdrr\brdrnone \cltxlrtb\clftsWidth3\clwWidth4496\clshdrawnil \cellx4496\clvertalc\clbrdrt\brdrnone \clbrdrl\brdrnone \clbrdrb
\brdrnone \clbrdrr\brdrnone \cltxlrtb\clftsWidth3\clwWidth1512\clshdrawnil \cellx6008\row }\trowd \irow4\irowband4\ts11\trrh-346\trleft0\trftsWidth1 \clvertalc\clbrdrt\brdrnone \clbrdrl\brdrnone \clbrdrb\brdrnone \clbrdrr\brdrnone 
\cltxlrtb\clftsWidth3\clwWidth4496\clshdrawnil \cellx4496\clvertalc\clbrdrt\brdrnone \clbrdrl\brdrnone \clbrdrb\brdrnone \clbrdrr\brdrnone \cltxlrtb\clftsWidth3\clwWidth1512\clshdrawnil \cellx6008\pard 
\ql \li720\ri0\nowidctlpar\intbl\faauto\adjustright\rin0\lin720\pararsid16340704 {\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid10094391 Mr Brannigan\cell }\pard \ql \li0\ri0\nowidctlpar\intbl\faauto\adjustright\rin0\lin0\pararsid10094391 {
\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid10094391 $ 11,812.50\cell }\pard \ql \li0\ri0\widctlpar\intbl\aspalpha\aspnum\faauto\adjustright\rin0\lin0 {\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid10094391 
\trowd \irow4\irowband4\ts11\trrh-346\trleft0\trftsWidth1 \clvertalc\clbrdrt\brdrnone \clbrdrl\brdrnone \clbrdrb\brdrnone \clbrdrr\brdrnone \cltxlrtb\clftsWidth3\clwWidth4496\clshdrawnil \cellx4496\clvertalc\clbrdrt\brdrnone \clbrdrl\brdrnone \clbrdrb
\brdrnone \clbrdrr\brdrnone \cltxlrtb\clftsWidth3\clwWidth1512\clshdrawnil \cellx6008\row }\trowd \irow5\irowband5\ts11\trrh-322\trleft0\trftsWidth1 \clvertalc\clbrdrt\brdrnone \clbrdrl\brdrnone \clbrdrb\brdrnone \clbrdrr\brdrnone 
\cltxlrtb\clftsWidth3\clwWidth4496\clshdrawnil \cellx4496\clvertalc\clbrdrt\brdrnone \clbrdrl\brdrnone \clbrdrb\brdrnone \clbrdrr\brdrnone \cltxlrtb\clftsWidth3\clwWidth1512\clshdrawnil \cellx6008\pard 
\ql \li720\ri0\nowidctlpar\intbl\faauto\adjustright\rin0\lin720\pararsid16340704 {\b\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid1275372 Accommodation\cell }\pard 
\ql \li0\ri0\nowidctlpar\intbl\faauto\adjustright\rin0\lin0\pararsid10094391 {\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid10094391 \cell }\pard \ql \li0\ri0\widctlpar\intbl\aspalpha\aspnum\faauto\adjustright\rin0\lin0 {
\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid10094391 \trowd \irow5\irowband5\ts11\trrh-322\trleft0\trftsWidth1 \clvertalc\clbrdrt\brdrnone \clbrdrl\brdrnone \clbrdrb\brdrnone \clbrdrr\brdrnone 
\cltxlrtb\clftsWidth3\clwWidth4496\clshdrawnil \cellx4496\clvertalc\clbrdrt\brdrnone \clbrdrl\brdrnone \clbrdrb\brdrnone \clbrdrr\brdrnone \cltxlrtb\clftsWidth3\clwWidth1512\clshdrawnil \cellx6008\row }\trowd \irow6\irowband6
\ts11\trrh-226\trleft0\trftsWidth1 \clvertalc\clbrdrt\brdrnone \clbrdrl\brdrnone \clbrdrb\brdrnone \clbrdrr\brdrnone \cltxlrtb\clftsWidth3\clwWidth4496\clshdrawnil \cellx4496\clvertalc\clbrdrt\brdrnone \clbrdrl\brdrnone \clbrdrb\brdrnone \clbrdrr
\brdrnone \cltxlrtb\clftsWidth3\clwWidth1512\clshdrawnil \cellx6008\pard \ql \li720\ri0\nowidctlpar\intbl\faauto\adjustright\rin0\lin720\pararsid16340704 {\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid10094391 
Perkins:3 April - 11 April 2003\cell }\pard \ql \li0\ri0\nowidctlpar\intbl\faauto\adjustright\rin0\lin0\pararsid10094391 {\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid10094391 $700.00\cell }\pard 
\ql \li0\ri0\widctlpar\intbl\aspalpha\aspnum\faauto\adjustright\rin0\lin0 {\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid10094391 \trowd \irow6\irowband6\ts11\trrh-226\trleft0\trftsWidth1 \clvertalc\clbrdrt\brdrnone \clbrdrl\brdrnone 
\clbrdrb\brdrnone \clbrdrr\brdrnone \cltxlrtb\clftsWidth3\clwWidth4496\clshdrawnil \cellx4496\clvertalc\clbrdrt\brdrnone \clbrdrl\brdrnone \clbrdrb\brdrnone \clbrdrr\brdrnone \cltxlrtb\clftsWidth3\clwWidth1512\clshdrawnil \cellx6008\row 
}\trowd \irow7\irowband7\ts11\trrh-346\trleft0\trftsWidth1 \clvertalc\clbrdrt\brdrnone \clbrdrl\brdrnone \clbrdrb\brdrnone \clbrdrr\brdrnone \cltxlrtb\clftsWidth3\clwWidth4496\clshdrawnil \cellx4496\clvertalc\clbrdrt\brdrnone \clbrdrl\brdrnone \clbrdrb
\brdrnone \clbrdrr\brdrnone \cltxlrtb\clftsWidth3\clwWidth1512\clshdrawnil \cellx6008\pard \ql \li720\ri0\nowidctlpar\intbl\faauto\adjustright\rin0\lin720\pararsid16340704 {\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid10094391 100 x 7 days
\cell }\pard \ql \li0\ri0\nowidctlpar\intbl\faauto\adjustright\rin0\lin0\pararsid10094391 {\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid10094391 \cell }\pard \ql \li0\ri0\widctlpar\intbl\aspalpha\aspnum\faauto\adjustright\rin0\lin0 {
\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid10094391 \trowd \irow7\irowband7\ts11\trrh-346\trleft0\trftsWidth1 \clvertalc\clbrdrt\brdrnone \clbrdrl\brdrnone \clbrdrb\brdrnone \clbrdrr\brdrnone 
\cltxlrtb\clftsWidth3\clwWidth4496\clshdrawnil \cellx4496\clvertalc\clbrdrt\brdrnone \clbrdrl\brdrnone \clbrdrb\brdrnone \clbrdrr\brdrnone \cltxlrtb\clftsWidth3\clwWidth1512\clshdrawnil \cellx6008\row }\trowd \irow8\irowband8
\ts11\trrh-341\trleft0\trftsWidth1 \clvertalc\clbrdrt\brdrnone \clbrdrl\brdrnone \clbrdrb\brdrnone \clbrdrr\brdrnone \cltxlrtb\clftsWidth3\clwWidth4496\clshdrawnil \cellx4496\clvertalc\clbrdrt\brdrnone \clbrdrl\brdrnone \clbrdrb\brdrnone \clbrdrr
\brdrnone \cltxlrtb\clftsWidth3\clwWidth1512\clshdrawnil \cellx6008\pard \ql \li720\ri0\nowidctlpar\intbl\faauto\adjustright\rin0\lin720\pararsid16340704 {\b\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid1275372 Disbursements\cell }\pard 
\ql \li0\ri0\nowidctlpar\intbl\faauto\adjustright\rin0\lin0\pararsid10094391 {\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid10094391 \cell }\pard \ql \li0\ri0\widctlpar\intbl\aspalpha\aspnum\faauto\adjustright\rin0\lin0 {
\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid10094391 \trowd \irow8\irowband8\ts11\trrh-341\trleft0\trftsWidth1 \clvertalc\clbrdrt\brdrnone \clbrdrl\brdrnone \clbrdrb\brdrnone \clbrdrr\brdrnone 
\cltxlrtb\clftsWidth3\clwWidth4496\clshdrawnil \cellx4496\clvertalc\clbrdrt\brdrnone \clbrdrl\brdrnone \clbrdrb\brdrnone \clbrdrr\brdrnone \cltxlrtb\clftsWidth3\clwWidth1512\clshdrawnil \cellx6008\row }\trowd \irow9\irowband9
\ts11\trrh-240\trleft0\trftsWidth1 \clvertalc\clbrdrt\brdrnone \clbrdrl\brdrnone \clbrdrb\brdrs\brdrw10 \clbrdrr\brdrnone \cltxlrtb\clftsWidth3\clwWidth4496\clshdrawnil \cellx4496\clvertalc\clbrdrt\brdrnone \clbrdrl\brdrnone \clbrdrb\brdrs\brdrw10 
\clbrdrr\brdrnone \cltxlrtb\clftsWidth3\clwWidth1512\clshdrawnil \cellx6008\pard \ql \li720\ri0\nowidctlpar\intbl\faauto\adjustright\rin0\lin720\pararsid16340704 {\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid10094391 
As per Counsel's fees invoice\cell }\pard \ql \li0\ri0\nowidctlpar\intbl\faauto\adjustright\rin0\lin0\pararsid10094391 {\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid10094391 $2,508.54\cell }\pard 
\ql \li0\ri0\widctlpar\intbl\aspalpha\aspnum\faauto\adjustright\rin0\lin0 {\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid10094391 \trowd \irow9\irowband9\ts11\trrh-240\trleft0\trftsWidth1 \clvertalc\clbrdrt\brdrnone \clbrdrl\brdrnone 
\clbrdrb\brdrs\brdrw10 \clbrdrr\brdrnone \cltxlrtb\clftsWidth3\clwWidth4496\clshdrawnil \cellx4496\clvertalc\clbrdrt\brdrnone \clbrdrl\brdrnone \clbrdrb\brdrs\brdrw10 \clbrdrr\brdrnone \cltxlrtb\clftsWidth3\clwWidth1512\clshdrawnil \cellx6008\row 
}\trowd \irow10\irowband10\lastrow \ts11\trrh-500\trleft0\trftsWidth1 \clvertalc\clbrdrt\brdrs\brdrw10 \clbrdrl\brdrnone \clbrdrb\brdrnone \clbrdrr\brdrnone \cltxlrtb\clftsWidth3\clwWidth4496\clshdrawnil \cellx4496\clvertalc\clbrdrt\brdrs\brdrw10 \clbrdrl
\brdrnone \clbrdrb\brdrnone \clbrdrr\brdrnone \cltxlrtb\clftsWidth3\clwWidth1512\clshdrawnil \cellx6008\pard \ql \li720\ri0\nowidctlpar\intbl\faauto\adjustright\rin0\lin720\pararsid16340704 {
\b\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid1275372 TOTAL\cell }\pard \ql \li0\ri0\nowidctlpar\intbl\faauto\adjustright\rin0\lin0\pararsid10094391 {\b\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid1275372 $33,258.54"\cell 
}\pard \ql \li0\ri0\widctlpar\intbl\aspalpha\aspnum\faauto\adjustright\rin0\lin0 {\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid10094391 \trowd \irow10\irowband10\lastrow \ts11\trrh-500\trleft0\trftsWidth1 \clvertalc\clbrdrt\brdrs\brdrw10 
\clbrdrl\brdrnone \clbrdrb\brdrnone \clbrdrr\brdrnone \cltxlrtb\clftsWidth3\clwWidth4496\clshdrawnil \cellx4496\clvertalc\clbrdrt\brdrs\brdrw10 \clbrdrl\brdrnone \clbrdrb\brdrnone \clbrdrr\brdrnone \cltxlrtb\clftsWidth3\clwWidth1512\clshdrawnil \cellx6008
\row }\pard \ql \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid10094391 {\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid10094391 
\par }{\b\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid1646644 Result
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid5643780\charrsid10094391 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid10094391 [21]}{\fs24\lang2057\langfe1033\langnp2057\insrsid10094391  }{\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid10094391 Travelling and accommodation expenses
 were incurred by Mr and Mrs Perkins to fly from the United States to attend the hearing, and for Mr Perkins to give evidence at the hearing. The majority of Mr Manarangi's disbursements comprised of his airfare ($1,800.00) to fly to Auckland to attend th
e
 hearing, with the remainder comprising of disbursements associated with and arising out of the hearing. I consider that these costs are reasonable and hold that the Applicants are entitled to recover the air fares claimed of $6,987.50, accommodation of $
700.00 and the disbursements of $2,508.54, ie $10,196.04.
\par 
\par [22]}{\fs24\lang2057\langfe1033\langnp2057\insrsid10094391  }{\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid10094391 
This leaves the question of whether full indemnity costs should be awarded, ie the full amount of actual fees billed to the Applicants by Counsel and Mr Brannigan totalling $23,062.50. This mus
t be decided on the basis of the applicable legal principles and whether the application of the scale would achieve the true purpose of an award of costs. I do not think that full indemnity would be reasonable or appropriate especially since the defences 
r
aised could not be seen as hopelessly untenable or unarguable. However, the Court accepts the submissions of the Applicants that something above the scale is justified in the present case. I consider that the applicants have made out a case for costs in e
xcess of the scale but not to a full indemnity. While the purpose of a costs award is not to punish the unsuccessful party, in terms of the }{\i\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid12069129 Holden}{
\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid10094391  case, the Respondent's inefficient conduct within these proceedings has generated additional legal expenses a significant proportion of which the App}{
\fs24\lang2057\langfe1033\langnp2057\insrsid1333950 licants are entitled to recover.}{\fs24\lang2057\langfe1033\langnp2057\insrsid10094391  }{\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid10094391 
In all the circumstances, the Applicants will be awarded two-thirds of the amount of actual fees incurred, namely $15,375. Thus the total amount of costs to be awarded to the Applicants is $25,571.04.}{\fs24\lang2057\langfe1033\langnp2057\insrsid10094391 

\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid5916863\charrsid10094391 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid10094391 [23]}{\fs24\lang2057\langfe1033\langnp2057\insrsid10094391  }{\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid10094391 
For all the foregoing reasons I enter judgment in favour of the Applicants for $25,517.04.}{\fs24\lang2057\langfe1033\langnp2057\insrsid10094391 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid5916863\charrsid10094391 
\par }{\b\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid5916863 SIGNED }{\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid10094391 at Auckland on Monday, the 13}{
\fs24\lang2057\langfe1033\super\langnp2057\insrsid1333950\charrsid1333950 th}{\fs24\lang2057\langfe1033\langnp2057\insrsid1333950  }{\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid10094391 of September 2004 at 9.00 am.
\par 
\par }\pard \qc \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid5916863 {\b\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid5916863 David Williams J
\par }\pard \ql \li0\ri0\nowidctlpar\faauto\adjustright\rin0\lin0\itap0\pararsid10094391 {\fs24\lang2057\langfe1033\langnp2057\insrsid10094391\charrsid10094391 
\par }}