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Costs – Security for costs. In the course of litigation regarding insurance on a vessel, the claimant companies failed to comply with an order for security for costs, providing the security on the day after the time period for doing so ran out. The defendant companies refused to accept the security. Both parties made applications to the Commercial Court. The court held, in allowing the claimants' application to allow the stay to be lifted, that the case was not such that the principles in Mitchell v News Group Newspapers Ltd [2013] All ER (D) 314 (Nov) would apply, and that the default had been trivial.
Costs – Security for costs. In the course of litigation regarding insurance on a vessel, the claimant companies failed to comply with an order for security for costs, providing the security on the day after the time period for doing so ran out. The defendant companies refused to accept the security. Both parties made applications to the Commercial Court. The court held, in allowing the claimants' application to allow the stay to be lifted, that the case was not such that the principles in Mitchell v News Group Newspapers Ltd [2013] All ER (D) 314 (Nov) would apply, and that the default had been trivial.
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Westgate Wealth Management Ltd is a Partner Practice of FTSE 100 company St. James’s Place – one of the top UK Wealth Management firms. We offer a holistic service of distinct quality, integrity, and excellence with the aim to build a professional and valuable relationship with our clients, helping to provide them with security now, prosperity in the future and the highest standard of service in all of our dealings.
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