Security For Pre-Action Costs?
Mondaq Business Briefing › United Kingdom Law Articles in English (2008)
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Security For Pre-Action Costs?
It is well known that, where a claiming party is a limited company, under section 726(1) of the 1985 Companies Act1, if it appears by credible testimony that there is a reasonable belief that the company will be unable to pay the defending party's costs if its claim fails, then it may be required to provide securi...
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