Costs Implications of Statutory Derivatice Actions

Those applying for leave to bring a statutory derivative action (or the substantive proceedings) need to consider the costs implications. 

The matters that need to be considered include: -

• whether an indemnity should be given to the company;
• how to approach the issue of security for costs (in the main proceedings);
• how to go about recovering costs if the proceedings are successful 

For more information on the costs implications of a statutory derivative action contact us to make a booking to discuss your case. 

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