Australia, July 30 -- New South Wales Land and Environment Court issued text of the following judgement on June 30:
1. On 27 June 2025, I indicated that security for costs would be ordered against the plaintiff, Jianglong Shipbuilding Co Ltd, in the sum of $600,000. I now provide reasons for those orders.
2. Jianglong is a shipbuilding company domiciled in the People's Republic of China. It has no assets in Australia. It has sued the defendant, Birdon Pty Ltd, for payment of $1,132,830 under a contract to build a number of ferries, and for the return of $1,105,200 in security called upon by Birdon. Those ferries were transferred into the possession of Birdon on 9 November 2020. The contract price was to be paid in United States Dollars.
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