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Litigious Corporate Plaintiffs Take Note: Large Security for Costs Award for Multiple Defendants
2016-02-27 07:40:50| Oil & Gas - Topix.net
In a hefty security for costs award in favour of multiple defendants, the Alberta Court of Queen's Bench recently held that the Court may consider the global effect of the costs of multiple proceedings by a single corporate plaintiff in deciding whether security for costs is appropriate. In Geophysical Service Incorporated v Encana Corporation , 2016 ABQB 49 , the plaintiff appealed 26 orders for security for costs granted in 17 actions commenced by Geophysical Services Incorporated amounting to a combined total of $1,910,550.24.
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Category:Energy and Environment