Guernsey Judgment 23/2008 - Canivet Webber Financial Services Ltd v GFSC

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Royal Court Civil Rules, 1989 (Rule 48) - Insurance Managers and Insurance Intermediaries (Bailiwick of Guernsey) Law, 2002 - appeal pending before the Royal Court from decision of the Commission ("the substantive appeal″) - application for leave to appeal from order of Royal Court as to security for costs - held that the substantive appeal appeared to be without merit and that the appellant was unlikely to be able to satisfy an order for costs - application for leave refused - oral application for leave to appeal to the Judicial Committee of the Privy Council refused (See Judgments 47/2007 and 13/2008)