Successful party in commercial proceedings not required to place monies in escrow pending appeal

Supplemental judgment - court's substantive decision delivered on 5th February, 2016 - defendant's application for orders pending final determination of defendant's appeal against court's decision - orders sought to protect defendant's interest should plaintiffs redeem their loans in the interim based on redemption figures determined by court - whether plaintiffs should be required to pay disputed amounts into an escrow account/post security pending outcome of appeals - whether a stay appropriate or a further clog on plaintiff's right of redemption - balancing of interests - whether defendant's appeal might be a 'bargaining weapon' and the stay application a "cynical device" - harm to plaintiffs - legal principles - whether appeal bona fide - balance of convenience test - "clog or fetter" on the borrowers' right of redemption - greater loss from stay would lie on plaintiffs - defendant's application declined - defendant's motive in seeking stays - real intention is to secure ownership of borrowers' secured shareholdings in limited company - findings in substantive judgment reflecting defendant's motivations - proposed undertakings to enable defendant to apply to Court of Appeal for a longer stay - costs - stay on entry and execution until time fixed by rules of court for issue of and disposal of appeal.