Maritime Investment Holdings Inc v Underwriting Members of Syndicate 1183 at Lloyd's and others

Order – Variation. The Commercial Court ruled that the claimant British Virgin Islands (BVI) company, which had been struck off the register in the BVI, continued to have capacity as a claimant, entitling it to bring proceedings. However, it dismissed the company's application to vary an order, which required the company to give security for the defendants' costs of proceedings concerning an insurance claim where there was no material change of circumstances and where to do so would result in the court substituting its assessment for that which the judge had made.

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