4 Nov 2011
HANG FUNG JEWELLERY & GOLDSMITH LTD v. WURTTEMBERGISCHE VERSICHERUNG AG AND OTHERS
- Citation
- HANG FUNG JEWELLERY & GOLDSMITH LTD v. WURTTEMBERGISCHE VERSICHERUNG AG AND OTHERS
- Court
- Court of First Instance
- Case number
- HCA2009/2005
Although the plaintiff may not have ready cash, the court refused to order security because the plaintiff has substantial assets and the character of the business is not 'fly-by-night', the application was made very late with most defendants' costs already incurred and the trial was imminent; therefore, in the exercise of judicial discretion under s.357 and relevant authorities, security for costs was refused.