Read the full judgment text of CACV 000201/2008 on BabelCite. This Court of Appeal judgment was delivered on 5 January 2009.
1. This is an application for security for costs in a case which is slightly unusual, if I can put it that way. The 2nd defendant takes the view that he does want to reimburse the plaintiff its money, but he does take exception to the way in which this action has been founded, which is a claim in fraud. He says he has not been guilty of fraud. I have some sympathy with somebody who is accused of fraud. They may be negligent, they may have lost money. Many people have lost money in the last