23 Dec 2008
ASIA-PAC INFRASTRUCTURE DEVELOPMENT LTD AND OTHERS v. SHEARMAN & STERLING (a firm) AND OTHERS
- Citation
- ASIA-PAC INFRASTRUCTURE DEVELOPMENT LTD AND OTHERS v. SHEARMAN & STERLING (a firm) AND OTHERS
- Court
- Court of First Instance
- Case number
- HCA806/2006
On the evidence the court was not satisfied that the 1st plaintiff would be unable to pay costs and therefore security under s357 against the 1st plaintiff was refused; however because the 4th plaintiff's claim is distinct, substantial and might attract costs orders solely against it the court departed from the normal rule protecting foreign co-plaintiffs and ordered security under Order 23 r1 against the 2nd to 4th plaintiffs in the sum of HK$1,000,000 to be provided by payment into court or bank guarantee within 28 days and stayed those plaintiffs' claims until security is provided; master’…