Federal Court of Australia
FEDERAL COURT OF AUSTRALIA
Norcast S.ár.L v Bradken Limited & Ors [2012] FCA 765 Citation: Norcast S.ár.L v Bradken Limited & Ors [2012] FCA 765
Parties: NORCAST S.ÁR.L v BRADKEN LIMITED, NICHOLAS FRANK HUGO GREINER and BRIAN HODGES
File number: VID 356 of 2012
Judge: GORDON J
Date of judgment: 18 July 2012
Catchwords: PRACTICE AND PROCEDURE – security for costs – quantum of security to be provided – whether appropriate to calculate quantum of security based on estimate of actual or indemnity costs – discount to be applied to actual or indemnity costs – application of "two-thirds rule" - relevance of possibility of early settlement – steps in proceeding covered by security - costs incurred prior to application for security
Legislation: Federal Court of Australia Act 1976 (Cth) Federal Court Rules 2011 (Cth)
Cases cited: Allstate Life Insurance Co v Australia & New Zealand Banking Group Ltd (No 19) (1995) 134 ALR 187 Austin, Nichols & Co Inc v Lodestar Anstalt [2009] FCA 1228 Australian Equity Investors, An Arizona Limited Partnership v Colliers International (NSW) Pty Limited (No 2) [2010] FCA 1209 Brundza v Robbie & Co (No 2) (1952) 88 CLR 171 Bryan E Fencott and Associates Pty Ltd v Eretta Pty Ltd (1987) 16 FCR 497 Digital Cinema Network Pty Ltd v Omnilab Media Pty Ltd [2010] FCA 1242 Farmitalia Carlo Erba SrL v Delta West Pty Ltd (1994) 28 IPR 336 Federal Treasury Enterprise (FKP) Sojuzplodoimport v Spirits International BV (No 2) [2012] FCA 23 Nysan Asia Pacific Pty Ltd trading as Horiso v R & D Automation Technology Corp [2012] FCA 193 Pathway Investments Pty Ltd v National Australia Bank Limited [2012] VSC 97 Procon (Great Britain) Ltd v Provincial Building Co Ltd (1984) 2 All ER 368 Qaudrant Constructions Pty Ltd v Morgan Smith Barney Australia Pty Ltd [2009] VSC 455 Quad Consulting Pty Ltd v David R Bleakley and Associates Pty Ltd [1991] FCA 288 Robertson v Knott Investments Pty Ltd (No 2) [2010] FCA 796 Save the Ridge Inc v Commonwealth of Australia [2004] FCA 1289 Winning Form Pty Ltd v Giddy Up Ratings Pty Ltd [2011] FCA 1140
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