Read the full judgment text of HCA 002107/2004 on BabelCite. This High Court CFI judgment was delivered on 8 August 2005.
1. This is an appeal from a decision of Master Kwan who refused to order security for costs in this case against the plaintiff. The plaintiff is a US company and seems to be in a substantial way of business. It has a claim against the defendants. The claim arises because it has lost the value of a shipment of copper concentrate which was to be processed in the PRC and sold there. The shipment was valued, it seems, at over US$1 million. The plaintiff’s case is that the shipment went missing;