29 Dec 2016
MYERS MANAGEMENT CONSULTING LTD v. TOPMIX (INTERNATIONAL) CO LTD AND OTHERS
- Citation
- MYERS MANAGEMENT CONSULTING LTD v. TOPMIX (INTERNATIONAL) CO LTD AND OTHERS
- Court
- District Court
- Case number
- DCCJ3051/2014
Security for costs was ordered in the sum of HK$320,000 because the plaintiff is a foreign BVI company with no Hong Kong assets or meaningful means shown, the interveners face a real risk of being unable to recover costs, and the plaintiff failed to discharge the onus of showing the security would probably stifle its litigation; the stay applications were dismissed because they were filed as a tactical response to the security summons to evade payment of security and because transfer and consolidation with the CFI action was an equally available, legitimate case-management alternative.