Vald Nielsen Holding A/S and another company v Baldorino and others

Costs – Security for costs. The Commercial Court held that it would be appropriate to order that additional security for costs should be given by the claimants, in a dispute concerning the alleged making of fraudulent misrepresentations in the course of the sale of a company. The court's decision to allow the claimants to re-amend the particulars of claim, and to adjourn the trial, constituted a material change of circumstances which had justified an order for additional security.

Category: