Judgment
Ahmad Hamad Algosaibi and Brothers Company v SAAD Investments Company Limited and Ors - Ruling on access to security for costs
FSD 0054/2009 (ASCJ) · 2022-04-07
Security for costs; Whether defendants may access apportioned security prior to conclusion of all proceedings; Effect of settlement agreements on secured funds; Status of funds paid into court as equitable security; Allocation vs notional apportionment; Court discretion in approving consent orders. Civil Procedure; Costs and Security for Costs; Insolvency; Commercial Litigation
Full metadata
| Cause Number | FSD 0054/2009 (ASCJ) |
|---|---|
| Court | CIGC (FSD) |
| Judge | Smellie CJ |
| Parties | Ahmad Hamad Algosaibi and Brothers Company v SAAD Investments Company Limited and Ors - Ruling on access to security for costs |
| Judgment Date | 2022-04-07 |
| Subject | Security for costs; Whether defendants may access apportioned security prior to conclusion of all proceedings; Effect of settlement agreements on secured funds; Status of funds paid into court as equitable security; Allocation vs notional apportionment; Court discretion in approving consent orders. Civil Procedure; Costs and Security for Costs; Insolvency; Commercial Litigation |
| Filename (current) | 22-04-07-Ahmad-Hamad-Algosaibi-and-Brothers-Company-v-Saad-Investments-Company-Limited-Ors-Ruling.pdf |
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