28 Apr 2004
RUDOLF A. OETKER KG v. THE OWNERS AND/OR DEMISE CHARTERERS OF THE SHIP OR VESSEL "LIBERTY CONTAINER"
- Citation
- RUDOLF A. OETKER KG v. THE OWNERS AND/OR DEMISE CHARTERERS OF THE SHIP OR VESSEL "LIBERTY CONTAINER"
- Court
- Court of First Instance
- Case number
- HCAJ271/2003
Having considered the parties' competing figures, the judge exercised discretion to set a compromise quantum of $700,000 as reasonable security for costs given the estimated three‑day hearing and judicial experience in cost assessment; security to be provided within 14 days in a form satisfactory to the defendants; costs of the security application to be costs in the main Order 12, r.8 application.