Parsdome Holdings Ltd v Plastic Energy Global SL [2024] EWCA Civ 1293 (29.10.24)

In a claim for fraudulent misrepresentation, the BVI Claimant (noted by the Court to be financially challenged) was ordered to provide security for the Defendant’s costs at various stages, 12 days before trial, cleared funds for the last two tranches (totalling almost GBP 1.3m) had still not been paid into Court, nor the trial fee. The High Court allowed a further 6 days for the Claimant to comply, before striking out the claim. The Claimant appealed, citing authority that their uncleared cheque paid into Court within the deadline sufficed. The CA distinguished that case and upheld the High Court ruling of strike out.