Federal Court of Australia
FEDERAL COURT OF AUSTRALIA
Parras Holdings Pty Ltd v Commonwealth Bank of Australia [1999] FCA 644 PRACTICE AND PROCEDURE – stay of orders – application for stay of orders made by Full Court of Federal Court of Australia pending application for special leave to appeal to High Court of Australia – refusal of stay where there is no substantial prospect of special leave being granted - balance of convenience also favours refusal of stay - irreparable loss to respondent if stay granted and appeal to High Court unsuccessful
Jennings Construction Ltd v Burgundy Royale Investments Pty Ltd (No 1) (1986) 161 CLR 681 followed
PARRAS HOLDINGS PTY LIMITED & ORS V COMMONWEALTH BANK OF AUSTRALIA NG 664 OF 1998 SPENDER, HILL and MERKEL JJ 11 MAY 1999 SYDNEY
IN THE FEDERAL COURT OF AUSTRALIA
NEW SOUTH WALES DISTRICT REGISTRY NG 664 OF 1998
ON APPEAL FROM A JUDGE OF THE FEDERAL COURT
BETWEEN: PARRAS HOLDINGS PTY LIMITED
(ACN 003 546 807)
First Appellant/First Cross-Respondent
FULANGA PTY LIMITED
(ACN 001 796 354)
Second Appellant/Second Cross-Respondent
PHONTOS INVESTMENTS PTY LIMITED
(ACN 000 870 762)
Third Appellant/Third Cross-Respondent
ILANZ PTY LIMITED
(ACN 001 885 392)
Fourth Appellant/Fourth Cross-Respondent
P & E PHONTOS PTY LIMITED
(ACN 000 870 771)
Fifth Appellant/Fifth Cross-Respondent
DOVIZO PTY LIMITED
(ACN 003 932 269)
Sixth Appellant/Sixth Cross-Respondent
PETER PHONTOS
Seventh Appellant/Seventh Cross-Respondent
ELLI PHONTOS
Eighth Appellant/Eighth Cross-Respondent
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