Newtimber (Operations) Pty Ltd ACN 111 021 311 v Tarong Energy Corporation Limited ACN 078 848 736 [2011] FCA 123

FEDERAL COURT OF AUSTRALIA

Newtimber (Operations) Pty Ltd ACN 111 021 311 v Tarong Energy Corporation Limited ACN 078 848 736 [2011] FCA 123 Citation: Newtimber (Operations) Pty Ltd ACN 111 021 311 v Tarong Energy Corporation Limited ACN 078 848 736 [2011] FCA 123

Parties: NEWTIMBER (OPERATIONS) PTY LTD ACN 111 021 311 v TARONG ENERGY CORPORATION LIMITED ACN 078 848 736

File number(s): QUD 251 of 2010

Judge: GREENWOOD J

Date of judgment: 17 February 2011

Catchwords: PRACTICE AND PROCEDURE – consideration of an application for security for costs – consideration of the proffering of an undertaking on the part of a director to pay the costs of the respondent in the event an order for costs made against the applicant – consideration of aspects of Bell Wholesale Co Ltd v Gates Export Corporation and related authorities

Legislation: Federal Court of Australia Act 1976, s 56 Corporations Act 2001 (Cth), s 1335 Trade Practices Act 1974 (Cth), s 51A, s 52, s 82

Cases cited: North East Equity Pty Ltd v Proud Nominees Pty Ltd [2010] FCAFC 60; (2010) 269 ALR 262 Australian Competition and Consumer Commission v Universal Sports Challenge [2002] FCA 1276 Fubilian Catering Services Ltd v Compass Group (Australia) Pty Ltd [2007] FCA 1205 Livingspring Pty Ltd v Kliger Partners [2008] VSCA 93; (2008) 20 VR 377 Bell Wholesale Co Ltd v Gates Export Corporation (1984) 2 FCR 1 Food Channel Network Pty Ltd v Television Food Network G.P. [2009] FCA 68 Harpur & Ors v Ariadne Australia Ltd & Ors (1984) 2 ACLC 356 at 362; [1984] 2 Qd R 523 Mantaray Pty Ltd v Brookfield Breeding Co Pty Ltd (1990) 8 ACLC 304 Gentry Bros Pty Ltd v Wilson Brown & Associates Pty Ltd & Ors (1992) 10 ACLC 1394 Togito Pty Ltd v Pioneer Investments (Aust) Pty Ltd & Anor [2009] QSC 68