9 Feb 2011
NZ PROPERTIES INTERNATIONAL LIMITED V DAVID HOSKINS AND MARY EVANS HC AK CIV 2010-404-006744
- Citation
- openlaw-ca0a4a9a_e221_4d43_91b6_a82f114215f5.pdf
- Court
- High Court
The Court exercised its discretion to grant security for costs despite balanced prospects, fixing security at $20,000 to be paid in two staged instalments ($10,000 initial and $10,000 at trial listing), ordering a stay of the proceeding until the initial instalment (and a $2,500 costs payment) were paid, and awarding costs to the defendants on a 2B basis with $2,500 payable on initial payment and the balance payable on resolution.