Ablaise Ltd v Nettec Plc & Anor [2003] EWHC 3121 (Ch) (30 October 2003)
The claimant failed to discharge the burden of showing that an order for security would stifle its claim, given the significant assets of its shareholders and lack of full disclosure. Security for costs in the sum of £320,000 is appropriate.
- Citation
- [2003] EWHC 3121 (Ch)
- Parties
- Claimant: Ablaise Limited; Defendants: Nettec PLC & Anor.
- Jurisdiction
- England and Wales
- Judgment Date
- 30 October 2003
- Procedural Posture
- Application for Security for Costs in Patent Litigation / Interlocutory Application Before Trial
- Outcome
- Application for security for costs granted
- Legal Topics
- Security for Costs, Patent Litigation, Corporate Veil, Costs in Litigation
Case Brief
Summary, issues, holding and outcome
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Parties
Ablaise Limited
Claimant
Nettec PLC & Anor.
Defendants
Procedural Posture
Application for Security for Costs in Patent Litigation / Interlocutory Application Before Trial
Legal Issues
- 1 Whether security for costs should be ordered against a claimant company with insufficient assets
- 2 Whether an order for security would stifle the claimant's litigation
- 3 Whether the claimant has discharged the burden of showing it cannot raise funds for security
Ratio Decidendi
The claimant failed to discharge the burden of showing that an order for security would stifle its claim, given the significant assets of its shareholders and lack of full disclosure. Security for costs in the sum of £320,000 is appropriate.
Court Disposition
Application for security for costs granted
Orders
- Claimant to provide security for costs in the sum of £320,000
Full Case Text
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