17 Nov 2020
EDWARD WALECKI v. THE GENERAL FIDUCIARY CO LTD (as trustee of the WALECKI FAMILY TRUST) AND OTHERS
- Citation
- [2020] HKCFI 2921
- Court
- Court of First Instance
- Case number
- HCMP100/2020
Balancing the relevant factors the court was not satisfied the plaintiff had demonstrated a high probability of success nor that an order for security would stifle the claim; the trustee had given adequate offers of disclosure and had incurred substantial costs; accordingly security for costs was justified and the plaintiff was ordered to provide security of HK$800,000 and to pay the assessed costs for the security application totalling HK$640,000, failing which the proceedings would be stayed.