Read the full judgment text of HCA 1687/2011 on BabelCite. This High Court CFI judgment was delivered on 18 November 2011.
1. This is an application by the 2 nd and 3 rd Defendants for the Plaintiff to provide further security to fortify the undertaking as to damages in respect of the Mareva injunction granted in an ex parte application on 6 October 2011. In the hearing on 18 November 2011, I allowed the application and ordered the Plaintiff to provide further security in the form of bank guarantee in the amount of US$3,000,000 within 14 days. I now give my reasons.
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