TRADING COMPANY L. & J. HOFF v. UNION INSURANCE SOCIETY OF CANTON, LTD., AND C. I. DE ROUGEMONT.

(1929) 33 Ll L Rep 141

COURT OF APPEAL.

Before the Master of the Rolls (Lord Hanworth) and Lord Justice Greer.

Practice-Security for costs-Appeal by foreign assured-Claim against insurers for loss of bearer shares dismissed on grounds that there was non-disclosure; that there was over-valuation; that the over-valuation was fraudulent; and that no loss had occurred-Evidence that appellants were involved in serious pecuniary difficulties and that they had no substantial assets within the jurisdiction -Substantial security ordered.