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ARTICLE · 14 AUGUST 2023

A Brief How-To Guide: Security For Costs

One great concern for litigants, and something that is often cited as an important issue for individuals and companies seeking to defend legal proceedings, is the legal costs involved.

SingaporeCorporate/Commercial Law

One great concern for litigants, and something that is often cited as an important issue for individuals and companies seeking to defend legal proceedings, is the legal costs involved.

The legal costs for representation during the trial itself, together with the pre-trial drafting, court fees and necessary disbursements can add up and make the costs of a court action overwhelming - particularly when the claim is unmeritorious and the defending party is left with no choice but to defend it.

A big concern is when a defendant meets a claimant, which he believes might be impecunious or have poor financial standing. This may result in a situation where a defendant (who has no choice but to defend the claim) may not be compensated for his legal costs even if he succeeds in the case.

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