UPC CoA, 18 February 2026 : Order for security for costs set aside in light of litigation insurance.
23-04-2026 Print this pageIPPT20260218, UPC CoA, Syntorr v Arthrex
Order for security for costs set aside in light of litigation insurance (Article 69(4) UPCA, Rule 158.1 RoP) .
Careful consideration of the terms of a litigation insurance policy is of particular relevance to demonstrate the financial position of party.
The insurance obtained by the appellant provided adequate security - no obligation to provide further security in the form of a deposit or a bank guarantee.
Appelant sufficiently substantiated the validity and the terms of the insurance policy in first instance proceedings.
