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CIVIL PROCEDURE - Costs - Security for costs - Where plaintiff insolvent or impecunious - Appeal costs

Wednesday, November 29, 2017 @ 8:34 AM  

Application by the plaintiff, Access Mortgage Corporation, for an order requiring the defendant, Arres Capital, to post security for the costs of its appeal. The defendant appealed a bankruptcy order issued against it. The plaintiff was a judgment creditor of the defendant. The plaintiff was owed $1.03 million, and was one of many respondents to the defendant's appeal. The plaintiff sought an order requiring the defendant to post security for costs of its appeal in the amount of $14,750. The plaintiff relied on evidence that the...