19 Jun 2018
TOMANOVICH HOLDINGS LTD v GIBBSTON COMMUNITY WATER COMPANY 2014 LTD [2018] NZHC 1471
- Citation
- [2018] NZHC 1471
- Court
- High Court
Court exercised discretion to order security for costs on a discounted category 2B scale (25% discount) rather than full indemnity, accepting defendant's cost estimates as a starting point but valuing access to court, and ordered further security totalling $35,543 with the proceeding stayed until payment.