8 Feb 2002
NAM KWONG MEDICINES & HEALTH PRODUCTS CO. LTD. v. CHINA INSURANCE CO. LTD.
- Citation
- NAM KWONG MEDICINES & HEALTH PRODUCTS CO. LTD. v. CHINA INSURANCE CO. LTD.
- Court
- Court of First Instance
- Case number
- HCCL27/1999
The court exercised its discretion to refuse to revisit the prior security figure of HK$700,000 and, after assessing anticipated trial costs and the necessity for two counsel, ordered additional security of HK$1,800,000 (producing total security of HK$2,500,000), set a payment deadline, refused an interim stay and awarded costs of the application to the defendant to be taxed if not agreed with directions to the taxing master to consider reductions for unnecessary senior counsel fees.