Waldon v Mowen Margaret River Estate Pty Ltd [2003] FCA 871

FEDERAL COURT OF AUSTRALIA

Waldon v Mowen Margaret River Estate Pty Ltd [2003] FCA 871

PROCEDURE – security for costs – exercise of discretion – risk that cross-claimants may not satisfy costs order if cross-claim unsuccessful – cross-claimants would be shut out of litigation if order made – impecuniosity of cross-claimants arising out of act in respect of which relief is sought – evidence making it arguable that second cross-respondents joined with applicants in principal action in working against interests of cross-claimants – motion for security for costs refused Federal Court of Australia Act 1976 (Cth) s 56 Corporations Act 2001 (Cth) s 1335

Federal Court Rules O 28 r 2 Equity Access Ltd v Westpac Banking Ltd [1989] ATPR 40-972 applied Hambley WD & VD & VJ & Ors v Lewis [1987] FCA 708 cited

GRAHAM WILLIAM WALDON, WILLEM BEREND VAN DER LEEST, TERENCE KEITH PITSIKAS, ALEXANDER GORDON LEGGAT, JOHN YANNIS NTOUMENOPOULOS, WILLIAM IAN MCDONAGH, BREFNI BANKS, JUDITH ANN STEWART, OWEN DAVID FERGUSON, ANTONY LEAVERSUCH, NEVILLE KNUCKEY, LEO NTOUMENOPOULOS and JOHN RADUNOVICH v MOWEN MARGARET RIVER ESTATE PTY LTD, MOWEN GRAPE MANAGEMENT PTY LTD, MOWEN GRAPE MANAGEMENT PTY LTD, TROPICAL PTY LTD and ROSS MACLEOD

W236 of 2002

RD NICHOLSON J

21 AUGUST 2003

PERTH IN THE FEDERAL COURT OF AUSTRALIA

WESTERN AUSTRALIA DISTRICT REGISTRY W236 OF 2002

BETWEEN: GRAHAM WILLIAM WALDON, WILLEM BEREND VAN DER LEEST, TERENCE KEITH PITSIKAS, ALEXANDER GORDON LEGGAT, JOHN YANNIS NTOUMENOPOULOS, WILLIAM IAN MCDONAGH, BREFNI BANKS, JUDITH ANN STEWART, OWEN DAVID FERGUSON, ANTONY LEAVERSUCH, NEVILLE KNUCKEY, LEO NTOUMENOPOULOS and JOHN RADUNOVICH

APPLICANTS

AND: MOWEN MARGARET RIVER ESTATE PTY LTD

(ACN 087 694 166)

FIRST RESPONDENT

MOWEN GRAPE MANAGEMENT PTY LTD