Gary Jones v Persons Unknown & Ors
The set aside application by Kyrrex Limited is not an originating proceeding but an interlocutory application in existing proceedings under CPR 40.9; therefore, security for costs cannot be ordered.
- Parties
- Claimant: Gary Jones; Defendant: Persons Unknown; Defendant: Huobi Global Limited; Third Party/applicant: Kyrrex Limited
- Jurisdiction
- England and Wales
- Judgment Date
- 29 April 2025
- Procedural Posture
- Commercial / Ruling on Security for Costs Application
- Outcome
- application dismissed
- Legal Topics
- Security for Costs, Summary Judgment, Set Aside Application, Cryptocurrency Tracing
Case Brief
Summary, issues, holding and outcome
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Parties
Gary Jones
Claimant
Persons Unknown
Defendant
Huobi Global Limited
Defendant
Kyrrex Limited
Third Party/applicant
Procedural Posture
Commercial / Ruling on Security for Costs Application
Legal Issues
- 1 Whether Kyrrex Limited's set aside application constitutes an originating proceeding for purposes of security for costs under CPR 25.26-25.28
- 2 Whether security for costs can be ordered against Kyrrex Limited in the context of its application under CPR 40.9
Ratio Decidendi
The set aside application by Kyrrex Limited is not an originating proceeding but an interlocutory application in existing proceedings under CPR 40.9; therefore, security for costs cannot be ordered.
Court Disposition
application dismissed
Orders
- Security for Costs Application is dismissed.
Full Case Text
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