Federal Court of Australia
FEDERAL COURT OF AUSTRALIA
Australian Securities & Investments Commission v Craigside Company Limited [2014] FCA 175 Citation: Australian Securities & Investments Commission v Craigside Company Limited [2014] FCA 175
Parties: AUSTRALIAN SECURITIES & INVESTMENTS COMMISSION v CRAIGSIDE COMPANY LIMITED BVI COMPANY NUMBER 74124, JOHN LINDSAY MERITY, ANTHONY NEDDERMAN and NORTHWEST RESOURCES LIMITED (ACN 107 337 379)
File number: VID 1440 of 2011
Judge: JAGOT J
Date of judgment: 24 February 2014
Catchwords: COSTS – discretion – supervening event or effective surrender by one party – indemnity costs - whether proceeding commenced unnecessarily, without reasonable prospects of success or for an ulterior purpose
Legislation: Corporations Act 2001 (Cth)
Cases cited: Australian Securities & Investments Commission in the matter of Northwest Resources Limited v Craigside Company Limited BVI company number 74124 named in the Schedule [2013] FCA 201 ONE. TEL Ltd v Deputy Commissioner of Taxation (2000) 101 FCR 548; [2000] FCA 270
Date of hearing: 24 February 2014
Date of last submissions: 24 February 2014
Place: Sydney
Division: GENERAL DIVISION
Category: Catchwords
Number of paragraphs: 17
Counsel for the Plaintiff: J A Arnott
Solicitor for the Plaintiff: M Pangbourne of Australian Securities & Investments Commission
Counsel for the Second Defendant: A P Whitlam QC
Counsel for the Third Defendant: M Gunning
Solicitor for the Third Defendant: J Mackenzie of Mills Oakley Lawyers
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