Clyde & Co. Wins Costs Security In £9M Negligence Suit

By Sophia Dourou (June 10, 2022, 5:10 PM BST) -- A London judge ordered two Nigerian maritime companies to hand over a guarantee to cover Clyde & Co. LLP's costs should they lose the £9 million (7.3$ million) negligence suit against the firm.

High Court Judge Robin Knowles said on Friday that there was a "real risk" that the companies would refuse to cover Clyde & Co.'s costs should the lawsuit they brought against it fail. The judge made an order for a security of costs for £625,000 ($770,000) in total, to be paid in two stages.

The law firm had argued that the Nigerian companies "obstructed and resisted at every...

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