Read the full judgment text of CACV 000111/2000 on BabelCite. This Court of Appeal judgment was delivered on 18 May 2000.
1. The Plaintiffs obtained judgment in the Court of First Instance against the Defendant in two separate actions. The Defendant is appealing to the Court of Appeal. The Plaintiffs now apply for security for their costs of the appeal. Those costs are estimated to be $314,167.00. The application is made on the basis that the Defendant has no assets in Hong Kong, and that the Plaintiffs would not be able to enforce any order for the costs of the appeal made in their favour.