21 May 2007
SOPAC HOLDINGS LIMITED V MONK HC AK CIV 2006-404-007031
- Citation
- openlaw-43c56a50_1436_4de8_a708_86296d571585.pdf
- Court
- High Court
The Court found the defendant discharged the evidential onus of demonstrating a real risk the plaintiff company could not meet a costs award given lack of company financial disclosure, the director/shareholder's uncertain finances and history; exercising its discretion the Court ordered staged security for costs totalling $12,500 payable to the Registrar, and ordered the plaintiff to pay costs of the application on a 2B basis.