Live Breaking News & Updates on Pisante And Othersv Logothetis Others X2014 English Commercial Court Considers Circumstances In Which It Will Grant Security For Costs

Summary
Whether prosecuting or defending litigation, the associated
costs can be, and often are, significant.  Any comfort that
might be drawn from the possibility of recovering an element of
those costs from the losing adversary may be qualified by the risk
of that losing party ultimately being unable to pay.  For
those reasons, applying for security for costs, by which a party is
ordered to make a payment into court, or provide some form of
guarantee, as security for its opponent s costs, will be a
consideration for many litigants, and litigators, at some stage in
the life of a claim.  ....

New York , United States , United Kingdom , Bruxelles Capitale , Great Britain , Justice Henshaw , Lugano Convention , Choice Of Court Agreements , Hague Convention , Nasserv United Bank , Commercial Court , Brussels Contracting State , Regulation State , Civil Jurisdiction , Judgments Act , Fourth Defendants , First Claimant , Lugano Zone , Brussels Regulation , Contracting State , Nasser Condition , Court Agreements , Member State , Recast Brusselsi Regulation , Lugano State , Brexit Transition Period ,