Security for costs against an impecunious company | Practical Law

Security for costs against an impecunious company | Practical Law

This practice note provides guidance on how the court will consider an application for security for costs on the ground that there is reason to believe that the claimant company (or other body) will be unable to pay the defendant’s costs if ordered to do (CPR 25.13(2)(c)). For guidance on security for costs in general and the procedure, see Practice notes, Security for costs: an overview and The procedure for applying for security for costs.

Security for costs against an impecunious company

Practical Law UK Practice Note 6-203-1186 (Approx. 18 pages)

Security for costs against an impecunious company

MaintainedEngland, Wales
This practice note provides guidance on how the court will consider an application for security for costs on the ground that there is reason to believe that the claimant company (or other body) will be unable to pay the defendant’s costs if ordered to do (CPR 25.13(2)(c)). For guidance on security for costs in general and the procedure, see Practice notes, Security for costs: an overview and The procedure for applying for security for costs.