Arbitration – Costs. The claimant company issued proceedings under the Arbitration Act 1996, challenging an arbitration award made in the defendant company's favour. The defendant sought security for costs and security for sums due under the second award. The Commercial Court upheld the application for security for costs, as it was just to do so in all the circumstances. However, there was no relevant prejudice so as to justify an order for security for the sums due under the second award.