Clyde & Co Legal Update: Court denies security for costs to protect claimants

Legal, Marine Insurance — By on April 30, 2018 at 10:10 AM
On occasion, parties engaged in court proceedings will consider procedural tactics with the ultimate intention of exerting such pressure on their adversaries that their weakened position, or even inability to pursue the proceedings, will work to their advantage.
Such a situation arose in (1) Deleclass Shipping Co. Ltd (2) MWI Shipping Services Ltd v Ingosstrakh Insurance Co. Ltd (2018) where the defendant’s application for security for costs became very problematic for the claimants.
Clyde & Co (Fanos Theophani (partner) and Natalie Johnston (associate)) acted for the successful claimants

Authors

Natalie Johnston

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