C. T. BOWRING & CO. (INSURANCE) LTD. v. CORSI PARTNERS LTD.

[1994] 2 Lloyd's Rep. 567

COURT OF APPEAL

Before Lord Justice Dillon, Lord Justice Millett and Sir Michael Kerr

Practice - Security for costs - Inquiry into damages - Action by plaintiffs for balance due from defendant in respect of insurance and reinsurance business - Mareva injunction discharged by consent - Defendant claimed damages under plaintiffs’ cross-undertaking in Mareva injunction - Whether order for security for costs should be made against defendants.