29 Jun 2016
REECE & Anor v HALSE & Ors [2016] NZHC 1438
- Citation
- [2016] NZHC 1438
- Court
- High Court
The court exercised its discretion to order security for costs against the plaintiffs in favour of the Grove Darlow defendants because (i) plaintiffs conceded inability to pay costs, (ii) the claim against Grove Darlow was not strong on the merits and causation was doubtful, and (iii) there was a realistic risk defendants would be left with unsatisfied costs; quantum fixed at NZD 40,000 with specified payment schedule. The court further ordered comprehensive particulars from the plaintiffs specifying when, where and in what capacity alleged advice was given, particulars of loss calculations a…