GREENWICH LTD. v. NATIONAL WESTMINSTER BANK PLC AND OTHERS

[1999] 2 Lloyd's Rep. 308

CHANCERY DIVISION

Before Mr. Justice Blackburne V.-C.

Practice - Costs - Security for costs - Plaintiffs claimed damages for misrepresentation arising out of sale to the plaintiff by the bank of an industrial park - Plaintiff incorporated and resident in Isle of Man - Whether Court had jurisdiction to order security for costs against Isle of Man company - Applicability of comity and Community Law - R.S.C., O.23, r. 1(1)(2) - Companies Act, 1985, s.726.