Legal News

Failure to prepare points of dispute before the hearing fatal to application to set aside $US 3m default costs certificate (National Bank of Kazakhstan v Bank of New York Mellon)

Failure to prepare points of dispute before the hearing fatal to application to set aside $US 3m default costs certificate (National Bank of Kazakhstan v Bank of New York Mellon)
Published on: 19 May 2021
Published by: LexisPSL
  • Failure to prepare points of dispute before the hearing fatal to application to set aside $US 3m default costs certificate (National Bank of Kazakhstan v Bank of New York Mellon)
  • What are the practical implications of this case?
  • What was the background?
  • What did the court decide?
  • Case details

Article summary

Dispute Resolution analysis: The master held that draft points of dispute were ‘fundamental’ to the hearing of an application to set aside a default costs certificate. While there may be reasons for not providing them at the time of making the application, they should be available for the hearing and a failure to do so in this case meant that the costs judge declined to set aside the default costs certificate. Written by Alex Bagnall, technical manager, at Total Legal Solutions. or take a trial to read the full analysis.

Popular documents