COVID as a Factor in Securities for Costs
April 6, 2021 Commercial, Premium
An order for securities for costs is meant to ensure that defendants can receive remuneration from an unsuccessful plaintiff. Monies are verified or set aside until the case is completed. If a securities for costs order is not met, a case may be dismissed. For the courts, deciding whether this is necessary can be a balancing act that weighs the hardship of a defendant who cannot recover costs, versus the financial burden to the plaintiff.
Follow us on social mediaRelated
(No Ratings Yet)
Loading...