Sarpd Oil International Ltd v Addax Energy SA and Another: ComC 14 Aug 2015

Application for security for costs raising four questions: ‘i) Whether on the evidence of this case (which I describe below and is broadly typical of many applications of this kind) the condition in CPR25.13(2)(c) is satisfied.
ii) Whether the court can and should order security for defendant’s costs in pursuing a CPR part 20 claim against the third party.
iii) Whether the court can and should order security for the liability that the defendant might incur if ordered to pay the costs of the third party.
iv) Whether, and if so how, approved or agreed costs budgets are relevant to the quantum of security for costs ordered.’

Andrew Smith J
[2015] EWHC 2426 (Comm)
Bailii

Costs

Updated: 03 January 2022; Ref: scu.551298