Federal Court of Australia
FEDERAL COURT OF AUSTRALIA
TSDack Pty Limited v Australian Water Holdings Pty Limited [2015] FCA 931 Citation: TSDack Pty Limited v Australian Water Holdings Pty Limited [2015] FCA 931
Parties: TSDACK PTY LIMITED (ACN 130 130 317) , CONCA D'ORO HOLDINGS PTY LIMITED (ACN 093 319 209), BRAYSIDE INVESTMENTS & MANAGEMENT PTY LIMITED (ACN 169 279 547) AS TRUSTEE FOR THE BRAYSIDE DISCRETIONARY TRUST, JOHN KOUTSOGIANNIS AND ANGIE KOUTSOGIANNIS AS TRUSTEES FOR THE KOUTSOGIANNIS FAMILY TRUST and DANNY KOUTSOGIANNIS v AUSTRALIAN WATER HOLDINGS PTY LIMITED (ACN 003 702 832), JOHN RIPPON, WILLIAM MACGREGOR-FRASER, NICHOLAS DI GIROLAMO, GREGORY SKEHAN, MICHAEL COSTA, PETER CANAWAY, GIUSEPPE CATANZARITI, FRANCESCO CERRA and BG&E PTY LIMITED (ACN 150 804 603)
File number: NSD 105 of 2014
Judge: KATZMANN J
Date of judgment: 25 August 2015
Catchwords: PRACTICE AND PROCEDURE — security for costs — whether applicants' impecuniosity caused by the respondents' conduct — whether security should be provided by corporate applicants — whether security should be provided by trustee — whether respondents' security for costs applications are oppressive — whether in substance the proceedings are defensive — form and quantum of security
Legislation: Corporations Act 2001 (Cth) s 1335(1) Federal Court of Australia Act 1976 (Cth) ss 37M, 56
Cases cited: Al-Koronky v Time-Life Entertainment Group Ltd [2006] EWCA Civ 1123 Bell Wholesale Co Ltd v Gates Export Corporation (1984) 2 FCR 1 Citrus Queensland Pty Ltd v Sunstate Orchards Pty Ltd (No 5) [2006] FCA 1672 FFE Minerals Australia Pty Ltd v Mining Australia Pty Ltd (2000) 22 WAR 241 Idoport Pty Ltd v National Australia Bank Ltd [2001] NSWSC 744 Interwest Ltd v Tricontinental Corporation Ltd (1991) 5 ACSR 621 Jazabas Pty Ltd v Haddad [2007] NSWCA 291; 65 ACSR 276 KP Cable Investments Pty Ltd v Meltglow Pty Ltd (1995) 56 FCR 189 Newtons Travel Services Pty Ltd v Ansett Transport Industries (Operations) Pty Ltd (1982) 44 ALR 163 Pearson v Naydler [1997] 3 All ER 531 Reinsurance Australia Corporation Ltd v HIH Casualty & General Insurance (in liq) [2003] FCA 803 Sagacious Procurement Pty Ltd v Symbion Health Ltd [2007] NSWCA 205 Sunday Times Newspaper Company Ltd v McIntosh (1933) 33 SR (NSW) 371 Wollongong City Council v Legal Business Centre Pty Ltd [2012] NSWCA 245
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