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Court orders security for costs in favour of challenger to a restructuring plan

26 June 2024

The English court has granted a security for costs order in favour of Tameside and Glossop Integrated Care NHS Foundation Trust in relation to its challenge against a restructuring plan for a Private Finance Initiative (PFI) Project related to Tameside hospital. The court has ordered 50% security for the Trust's legal costs, contingent upon the plan being sanctioned.

This case represents the first application for security for costs in challenging an English restructuring plan.

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