18 Feb 2019
WHITE v JAMES HARDIE NEW ZEALAND [2019] NZHC 188
- Citation
- (2019) 24 PRNZ 493
- Court
- High Court
The Court held that the presence of an overseas litigation funder (Harbour Fund II, L.P) engaged the Court's inherent jurisdiction and Rule 5.45 policy to require security for costs; it ordered security based on 3C scale for all attendances up to and including Stage 1 discovery and inspection to be provided by the plaintiffs and Harbour (single sum), declined disclosure of funding arrangements, made no stay, and directed quantum to be agreed or fixed by the registrar within specified timeframes.