1 Jun 2018
VISUAL GROUP NZ LTD v BYTECRAFT SYSTEMS PTY LTD [2018] NZHC 1292
- Citation
- [2018] NZHC 1292
- Court
- High Court
The plaintiff's vague financial evidence combined with consistent delay and failure to comply with directions gave rise to a credible inference it may be unable to pay a costs award; in the exercise of the court's discretion security for costs of NZD 15,000 was required to cover costs up to and including discovery, to be paid by 22 June 2018 or the proceeding will be stayed; defendant awarded costs on a 2B basis plus 15% uplift and disbursements.