Read the full judgment text of FAMV 3/2006 on BabelCite. This FAMV judgment was delivered on 21 February 2006 before Mr Justice Ribeiro PJ.
Civil procedure – security for costs – application for leave to appeal to Court of Final Appeal – jurisdiction under section 46(2) of the Court's statute – foreign corporation not submitting to jurisdiction – risk of delay and expense in enforcing costs order abroad – security ordered before leave application – amount agreed at HK$250,000 – default provision – costs order
Legal issues: Jurisdiction to order security for costs of leave application · Whether security should be ordered before leave application
Outcome: Order for security for costs granted; AXA to provide HK$250,000 security within 5 days, failing which the leave application will be dismissed without further order.
Cites 2 cases