Read the full judgment text of HCA 4497/1998 on BabelCite. This High Court CFI judgment was delivered on 23 April 2001.
1. This is an application by the defendants to stay the proceedings on the ground that the plaintiff has not paid costs in the amount of $117,007. Alternatively, the defendants ask for security for costs on the ground that the plaintiff will not be able to pay the defendants their costs if they were successful in the action and that the proceedings should be stayed in the meantime.