Worthing Properties Ltd v Sterling Macro Fund - Security for Costs [2018] CIFsd 20 (04 April 2018)

Worthing Properties Ltd v Sterling Macro Fund - Security for Costs [2018] CIFsd 20 (04 April 2018)

The court found that the circumstances justified an order for security for costs to protect the respondent's position.

Source-derived case information.

Citation
[2018] CIFsd 20
Parties
Applicant: Worthing Properties Ltd; Respondent: Sterling Macro Fund
Jurisdiction
Cayman Islands
Judgment Date
04 April 2018
Procedural Posture
Application for Security for Costs / Interlocutory
Outcome
application granted
Legal Topics
Security for Costs
Civil Procedure Security for Costs

Source-derived case record

Summary, issues, holding and outcome

More case intelligence is available

Unlock the full research layer for this judgment.

Downloadable case file Legal principles 1 Authorities cited 1 Party arguments 2 Amounts and remedies 1
Sign in to unlock

Parties

Worthing Properties Ltd

Applicant

Sterling Macro Fund

Respondent

Procedural Posture

Application for Security for Costs / Interlocutory

Legal Issues

  1. 1 Whether the applicant should provide security for costs to the respondent

Ratio Decidendi

The court found that the circumstances justified an order for security for costs to protect the respondent's position.

Court Disposition

application granted

Orders

  • Applicant to provide security for costs in the amount determined by the court