Lloyd's Maritime Law Newsletter
Richardson International Ltd v Zao RPK ‘Starodubskoe’ and others (The ‘Chickacheva’) - Federal Court (Trial Div)(Hargrave P) - 16 April 1999
Admiralty practice - Security for costs - Cost of bail posted to release vessel from arrest
The defendants, owners of the vessel
Chickacheva,
applied for an order requiring the plaintiff to post security for costs. The security sought included the cost of bail which
had been posted to release the
Chickacheva
from arrest. The bail was in the form of an irrevocable bank guarantee.