Natas Group Ltd v Styles & Wood Ltd [2011] EWHC 3464 (TCC), [2012] All ER (D) 185 (Jan)
It was not incumbent on the court, on a security for costs application, to determine with any precision what an insurance policy, properly construed, actually was. What the court could do was to identify risks and uncertainties and weigh them in the balance on the exercise of the discretion.
