The underlying disputes concerned the termination of contracts concerned with the funding of gold mining and mining exploration. By their counterclaims, the defendants sought declarations for specific performance or alternatively for loss of opportunity.
In this application, the second and third defendants by counterclaim brought applications for security for costs against the plaintiffs by counterclaim.
Bianca Kabel appeared for the plaintiff/first defendant by counterclaim, instructed by Ashurst.
The judgment is published here.