Newman (t/a "Newman Associates) v Wenden Properties Ltd & Anor [2007] EWHC 336 (TCC) (16 February 2007)
The Defendant's counterclaim is a separate claim with independent vitality, not merely a defence; the Defendant has not demonstrated that ordering security would stifle a genuine claim as alternative sources of funding are available; the Defendant's financial position is not attributable to the Claimant; therefore, it is appropriate to order security for costs in the sum of £45,000 up to the exchange of witness statements.
- Citation
- [2007] EWHC 336 (TCC)
- Parties
- Claimant/part 20 Defendant: William Newman (Trading as "Newman Associates"); Defendant/part 20 Claimant: Wenden Properties Limited; Part 20 Defendant: S. Newman Consultants (A Firm) (Trading as "Newman Consultants")
- Jurisdiction
- England and Wales
- Judgment Date
- 16 February 2007
- Procedural Posture
- Application for Security for Costs / Interlocutory Application
- Outcome
- Application for security for costs granted in part
- Legal Topics
- Security for Costs, Professional Negligence, Counterclaim, Company Law, Costs
Case Brief
Summary, issues, holding and outcome
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Parties
William Newman (Trading as "Newman Associates")
Claimant/part 20 Defendant
Wenden Properties Limited
Defendant/part 20 Claimant
S. Newman Consultants (A Firm) (Trading as "Newman Consultants")
Part 20 Defendant
Procedural Posture
Application for Security for Costs / Interlocutory Application
Legal Issues
- 1 Whether security for costs should be ordered against the Defendant/Part 20 Claimant on its counterclaim
- 2 Whether the counterclaim is a separate claim or merely a defence
- 3 Whether ordering security would stifle a genuine claim
Ratio Decidendi
The Defendant's counterclaim is a separate claim with independent vitality, not merely a defence; the Defendant has not demonstrated that ordering security would stifle a genuine claim as alternative sources of funding are available; the Defendant's financial position is not attributable to the Claimant; therefore, it is appropriate to order security for costs in the sum of £45,000 up to the exchange of witness statements.
Court Disposition
Application for security for costs granted in part
Orders
- Defendant/Part 20 Claimant to provide security for costs in the sum of £45,000 up to the exchange of witness statements.
- Precise form of security to be agreed between the parties or determined by the court if not agreed.
Full Case Text
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