Read the full judgment text of HCA 018687/1998 on BabelCite. This High Court CFI judgment was delivered on 21 July 1999.
1. The 1st plaintiff does not appear to me, as at present advised, to have any right to enforce the covenants contained in the Agreement of 16 March 1998 (to which it was not a party) simply because it is a successor in title of the head vendor here. So, in effect, this is an application for security for costs against the 2nd plaintiff, which is a BVI company; and I propose to grant it. I will fix the security in the sum of $300,000.00 (with liberty to the defendant to apply for further security