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

Cases with a non-unclear status (incidental references excluded).

Median amount ordered

—

EUR-normalized; falls back to requested amount when ordered is null.

Grant rate

Granted / (granted + dismissed). (n=2)

Forfeiture rate

—

Consumed by costs award / (posted + released + consumed). The signal underwriters care most about. (n=0)

Order volume over time

Quarterly count of security-for-costs orders, dated by the first decision in each case that mentions security.

Status breakdown

Distribution of security_status values across cases in scope.

By division

Order count and median EUR amount per division (top 6).

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	3	—	—

Recent orders

30 most recent security orders in scope.

Date	Case	Division	Requesting	Posting	Amount	Status
2024-11-22	ACT_40442/2024	Milan LD	respondent	—	—	Dismissed
2024-07-23	UPC_CFI_240/2023	Milan LD	respondent	—	—	Requested (pending)
2024-04-23	UPC_CFI_515/2023	Munich LD	respondent	—	—	Dismissed