IN THE HIGH COURT OF THE
HONG KONG SPECIAL ADMINISTRATIVE REGION
COURT OF FIRST INSTANCE
ACTION NO. 10364 OF 2000
Before: Deputy High Court Judge Carlson in Chambers
Date of Ruling (Handed Down): 29 June 2007
R U L I N G
1. The parties not having agreed on the amount of security which I have ordered the Plaintiff companies to provide, I am now requiredto set the amount myself.
2. It seems to me that the proper sum to order would be $600,000. I do not believe that this case will take as long as the Defendanthas suggested in its bill of costs. The case itself is not factually complicated and I have also taken into account the prospectthat the action may settle before trial.
3. Accordingly, the Defendant will have an order in terms of its summons in the amount of $600,000 which must be paid into court within14 days of today. If there are any additional costs, which probably only relate to exchanges of correspondence between the parties’solicitors and with the court leading to the making of this particular ruling, then these must be to the Defendant in any event. This order for costs will be an order nisi.
Jose Antonio Maurellet, instructed by Messrs Barlow Lyde & Gilbert, for the 1st and 2nd Plaintiffs
Lawrence Ng, instructed by Robert Lee Law Offices, for the Defendant