African Mining Services Mali SARL v Societe Des Mines De Komana (SMK) SA & Anor [2023] EWHC 2746 (Comm) (02 November 2023)
The court was not presently persuaded that there is reason to believe Hummingbird will be unable to pay a trial costs order in 2025, but found that the current financial data is insufficient for a safe prediction. The just and appropriate course is to adjourn the security for costs application to allow further financial information to become available, rather than dismissing the application or granting security at this stage.
- Citation
- [2023] EWHC 2746 (Comm)
- Parties
- Claimant: African Mining Services Mali SARL; First Defendant: Société des Mines de Komana (SMK) SA; Second Defendant: Hummingbird Resources Plc; Third Party: Perenti Global Limited
- Jurisdiction
- England and Wales
- Judgment Date
- 02 November 2023
- Procedural Posture
- Commercial Court Litigation / Application for Security for Costs in Respect of Counterclaim at Case Management Conference
- Outcome
- Application for security for costs adjourned to a further hearing in September or October 2024.
- Legal Topics
- Security for Costs, Impecuniosity Gateway, Case Management, Mining Services Dispute
Case Brief
Summary, issues, holding and outcome
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Parties
African Mining Services Mali SARL
Claimant
Société des Mines de Komana (SMK) SA
First Defendant
Hummingbird Resources Plc
Second Defendant
Perenti Global Limited
Third Party
Procedural Posture
Commercial Court Litigation / Application for Security for Costs in Respect of Counterclaim at Case Management Conference
Legal Issues
- 1 Whether there is reason to believe Hummingbird Resources Plc will be unable to pay an adverse costs order at the conclusion of the first trial in 2025 under CPR 25.13(2)(c)
- 2 Whether the court should order security for costs or adjourn the application
Ratio Decidendi
The court was not presently persuaded that there is reason to believe Hummingbird will be unable to pay a trial costs order in 2025, but found that the current financial data is insufficient for a safe prediction. The just and appropriate course is to adjourn the security for costs application to allow further financial information to become available, rather than dismissing the application or granting security at this stage.
Court Disposition
Application for security for costs adjourned to a further hearing in September or October 2024.
Orders
- Security for costs application stood over to a further hearing in September or October 2024.
- Costs of the security application, including the June hearing, reserved to any further hearing at which the application is restored.
Full Case Text
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