Welcome Ireland Hospitality Ltd. v Cedarcourt Developments Ltd. [2019] IECA 308 (17 December 2019)

Welcome Ireland Hospitality Ltd. v Cedarcourt Developments Ltd. [2019] IECA 308 (17 December 2019)

The evidence adduced by Welcome did not credibly establish a causative link between the alleged wrongdoing and its inability to pay; mere assertions and non-expert projections are insufficient to displace the requirement for security for costs.

Citation
[2019] IECA 308
Parties
Plaintiff/appellant: Welcome Ireland Hospitality Limited; Defendant/respondent: Cedarcourt Developments Limited
Jurisdiction
Ireland
Judgment Date
17 December 2019
Procedural Posture
Appeal / Judgment
Outcome
appeal dismissed
Legal Topics
Security for Costs, Special Circumstances, Impecuniosity, Causation, Damages in Lieu of Specific Performance

Case Brief

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Parties

Welcome Ireland Hospitality Limited

Plaintiff/appellant

Cedarcourt Developments Limited

Defendant/respondent

Procedural Posture

Appeal / Judgment

  1. 1 Whether special circumstances exist to displace the requirement for security for costs under s.52 Companies Act 2014
  2. 2 Whether the plaintiff's impecuniosity was caused by the alleged wrongdoing of the defendant

Ratio Decidendi

The evidence adduced by Welcome did not credibly establish a causative link between the alleged wrongdoing and its inability to pay; mere assertions and non-expert projections are insufficient to displace the requirement for security for costs.

Court Disposition

appeal dismissed

Orders

  • Security for costs order affirmed
  • Plaintiff to provide security for costs in the sum of €150,000