Security for costs
R.158 RoP / Art.69(4) UPCA orders — bond size, grant rate, forfeiture rate, division and entity-type breakdown for underwriters.
Security orders captured
13
Cases with a non-unclear status (incidental references excluded).
Median amount ordered
€260k
EUR-normalized; falls back to requested amount when ordered is null.
Grant rate
71%
Granted / (granted + dismissed). (n=7)
Forfeiture rate
0%
Consumed by costs award / (posted + released + consumed). The signal underwriters care most about. (n=1)
Order volume over time
Quarterly count of security-for-costs orders, dated by the first decision in each case that mentions security.
Amount distribution
EUR-normalized amounts (log-binned). Stacked by entity type of the posting party. EUR=1, USD=0.92, GBP=1.17, CHF=1.05; other currencies displayed in native amount.
Status breakdown
Distribution of security_status values across cases in scope.
By division
Order count and median EUR amount per division (top 6).
- Munich LDOrders: 7Median (EUR): €230k
- Paris LDOrders: 2Median (EUR): —
- Brussels LDOrders: 1Median (EUR): €600k
- Dusseldorf LDOrders: 1Median (EUR): —
- The Hague LDOrders: 1Median (EUR): —
- Milan LDOrders: 1Median (EUR): —
By entity type (posting party)
Operating cos and NPEs both face security orders. Forfeiture rate is the underwriter's risk signal.
| Entity type | Orders | Median (EUR) | Forfeiture rate |
|---|---|---|---|
| Unknown | 12 | €430k | 0% |
| NPE | 1 | €200k | — |
Recent orders
30 most recent security orders in scope.
| Date | Case | Division | Requesting | Posting | Amount | Status |
|---|---|---|---|---|---|---|
| 2026-03-18 | UPC_CFI_1357/2025 | Brussels LD | respondent | Establishment Labs S.A. | €600k | Ordered |
| 2026-02-04 | UPC_CFI_530/2025 | Paris LD | respondent | KEEEX SAS | — | Posted |
| 2025-12-12 | UPC_CFI_525/2025 | Munich LD | respondent | ASUS Technology Licensing Inc. | — | Ordered |
| 2025-10-28 | UPC_CFI_729/2025 | Munich LD | respondent | BF exaQC AG | €85k | Ordered |
| 2025-06-19 | UPC_CFI_363/2024 | Paris LD | respondent | N.J DIFFUSION SARL | — | Requested (pending) |
| 2025-06-15 | UPC_CFI_26/2024 | Dusseldorf LD | respondent | — | — | Dismissed |
| 2025-04-09 | UPC_CFI_846/2024 | Munich LD | respondent | Promosome LLC | €10M | Requested (pending) |
| 2025-01-27 | UPC_CFI_244/2024 | Munich LD | respondent | Snowpixie Co., Ltd. | €260k | Ordered |
| 2024-10-02 | UPC_CFI_54/2024 | Munich LD | respondent | Headwater Research LLCNPE | €200k | Requested (pending) |
| 2024-07-23 | UPC_CFI_240/2023 | Milan LD | respondent | — | — | Requested (pending) |
| 2024-04-23 | UPC_CFI_515/2023 | Munich LD | respondent | — | — | Dismissed |
| 2024-03-04 | UPC_CFI_239/2023 | The Hague LD | respondent | — | — | Requested (pending) |
| 2023-09-29 | UPC_CFI_15/2023 | Munich LD | respondent | — | — | Requested (pending) |