Costs Orders definition
Examples of Costs Orders in a sentence
Adverse Costs Orders any court order for costs, damages, compensation, loss or monies payable by the Liquidator and/or the Company/Companies in favour of any person in relation to, arising out of, or in connection with the Preliminary Action and/or the Legal Proceedings, including an order made by agreement by the Liquidator and/or the Company/Companies.
Considering this fact, coupled with the fact that (i) the 2015 Consolidated Financial Statement does not indicate the Claimant’s assets separate from its subsidiaries; and (ii) the Claimant is a non-profit company, I am of the opinion that there is a probability that the Defendants may experience some obstacles in enforcing any Costs Orders should they be successful in these proceedings.