Schettini v Silvestri & Ors
An appeal against an undertaking voluntarily given to the court as the price of an interim injunction will not be entertained absent a change in circumstances; the appellant had notice and opportunity to contest the fortification, did not do so, and there is no evidence the requirement would stifle the claim. The appeal is unsustainable both generally and on the facts.
- Parties
- Appellant: Dario Ovidio Schettini; Respondent: Nicola Silvestri; Respondent: NIDIS Capital Fund; Respondent: Cleofour1 Limited; Respondent: Pierangelo Del Buono
- Jurisdiction
- England and Wales
- Judgment Date
- 07 March 2019
- Procedural Posture
- Civil Appeal / Appeal From High Court (business and Property Courts, Chancery Division)
- Outcome
- Appeal dismissed
- Legal Topics
- Interim Injunctions, Cross Undertaking in Damages, Fortification of Undertakings, Security for Costs, Appeals Against Undertakings
Case Brief
Summary, issues, holding and outcome
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Parties
Dario Ovidio Schettini
Appellant
Nicola Silvestri
Respondent
NIDIS Capital Fund
Respondent
Cleofour1 Limited
Respondent
Pierangelo Del Buono
Respondent
Procedural Posture
Civil Appeal / Appeal From High Court (business and Property Courts, Chancery Division)
Legal Issues
- 1 Whether the appellant can appeal against an undertaking to fortify a cross-undertaking in damages as a condition for an interim injunction
- 2 Whether the requirement to fortify the cross-undertaking is tantamount to an order for security for costs, which would not be permissible under CPR Part 25 for an EU resident
- 3 Whether the amount of £100,000 required for fortification was excessive and arrived at without proper process
Ratio Decidendi
An appeal against an undertaking voluntarily given to the court as the price of an interim injunction will not be entertained absent a change in circumstances; the appellant had notice and opportunity to contest the fortification, did not do so, and there is no evidence the requirement would stifle the claim. The appeal is unsustainable both generally and on the facts.
Court Disposition
Appeal dismissed
Full Case Text
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