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Application Order

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Main Details:

Registry number
App_56792/2024
Date
Parties
NanoString Technologies Europe Limited
Order/Decision reference
ORD_56957/2024
Type of action
Generic application
Language of Proceedings
English
Court - Division
Court of First Instance - Munich (DE) Central Division - Section

English Headnotes:

1. The Court has the power to release a security for legal costs and other expenses imposed under Rule 158 RoP on the basis of Rule 352.2 RoP. 2. A security should be released when the reasons for imposing the security have ceased to exist. This will generally be the case where a final and non-appealable judgement has removed the possibility of the event for which security was ordered. Further, if the facts and circumstances that led to imposing the security order have materially changed so that the balance of interests is in favour of releasing a security, this can also be a reason to release the security.

English Keywords:

release of security, Security for legal costs