Ansett Australia Ltd (Subject to Deed of Company Arrangement) v Ansett Regional Airlines Pty Ltd [2007] FCA 906

FEDERAL COURT OF AUSTRALIA

Ansett Australia Ltd (Subject to Deed of Company Arrangement) v Ansett Regional Airlines Pty Ltd [2007] FCA 906 COSTS – security for costs – plaintiff company under deed of company arrangement Held: 1. Not shown plaintiff would be unable to pay costs. 2. Application dismissed with costs on an indemnity basis.

Corporations Act 2001 (Cth) s 1335(1) Federal Court of Australia Act 1976 (Cth) s 56 Meni's Tailoring and Alterations Pty Ltd v Jeans West Corp Pty Ltd [2003] FCA 1108 cited Cresvale Far East Ltd (in liq) v Cresvale Securities Ltd (No 2) (2001) 39 ACSR 622 distinguished Wentworth v Wentworth [2000] NSWCA 350 cited Ragat Developments Pty Ltd v Westpac Banking Corporation (1993) 217 ALR 175 cited Beach Petroleum NL v Johnson (1992) 7 ACSR 203 cited Knight v F P Special Assets Ltd (1992) 174 CLR 178 distinguished Fountain Selected Meats (Sales) Pty Ltd v International Produce Merchants Pty Ltd (1988) 81 ALR 397 cited Re Travelodge Australia Ltd (1978) 21 ACTR 17 cited Willey v Synan (1935) 54 CLR 175 cited Maatschappij Voor Fondsenbezit v Shell Transport and Trading Co [1923] 2 KB 166 cited White v Butt [1909] 1 KB 50 cited ANSETT AUSTRALIA LTD v ANSETT REGIONAL AIRLINES PTY LTD & ORS VID 245 OF 2007

HEEREY J

14 JUNE 2007

MELBOURNE IN THE FEDERAL COURT OF AUSTRALIA

VICTORIA DISTRICT REGISTRY VID 245 OF 2007

BETWEEN: ANSETT AUSTRALIA LTD (Subject to Deed of Company Arrangement) (ACN 004 209 410)

Applicant

AND: ANSETT REGIONAL AIRLINES PTY LTD (ACN 117 617 982)

First Respondent

ANSETT RESOURCES & INDUSTRIES PTY LTD

(ACN 116 913 663)

Second Respondent

ANSETT ENERGY LIMITED (ACN 123 776 652)

Third Respondent

TERRENCE JOHN BYRT

Fourth Respondent

ROBERT WILLIAM KIRKBY