On September 27 2001, in the matter of The Petition of Power Management Limited, the High Court of the Isle of Man Court confirmed that in terms of, among other things, Section 53 of the High Court Act 1991 (of the Manx Tynwald) - which closely follows the provisions of Section 51 of the Supreme Court Act 1981 (of England and Wales) - the court has jurisdiction to grant costs orders against non-parties to substantive proceedings.
In coming to its decision the court followed the English Court of Appeal judgment in Symphony Group Plc v Hodgson and Northwest Holdings Plc (in Liquidation) and, in particular, the 'six-part test' applied by the court in Symphony Group.
For further information please contact Christopher J Arrowsmith at Simcocks by telephone (+44 1624 620 821) or by fax (+44 1624 620 994) or by email ([email protected]).
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