6 Mar 2002
XIN NAN (H.K.) TRADING DEVELOPMENT CO. LTD. v. HO HUNG AND ANOTHER
- Citation
- XIN NAN (H.K.) TRADING DEVELOPMENT CO. LTD. v. HO HUNG AND ANOTHER
- Court
- Court of First Instance
- Case number
- HCA10685/1997
The Judge held that security for costs was justified given the plaintiff's precarious financial position and the risk to defendants, but that the sum ordered by Master Rogers ($2,000,000) was excessive. The court exercised its discretion to reduce the security to $1,000,000 as a reasonable amount to cover defendants' costs up to and including the forthcoming PRC examination, while allowing defendants to apply for further security if necessary.
- Security for costs
- Bank guarantee
- Examination of witness abroad (prc)
- Costs estimation
- Impecuniosity of plaintiff