Union Steel Pty Ltd v Union Steel Investments Pty Ltd [2020] NSWSC 1511

Supreme Court New South Wales

Medium Neutral Citation: Union Steel Pty Ltd v Union Steel Investments Pty Ltd [2020] NSWSC 1511 Hearing dates: 7 August; 10 September 2020; further written submissions ending 21 September 2020 Date of orders: 30 October 2020 Decision date: 30 October 2020 Jurisdiction: Equity Before: Parker J Decision: See [126]-[128] Catchwords: COSTS – security for costs – relevant factors – delay in making application – stultification – cause of impecuniosity – strength of plaintiff's case Legislation Cited: Evidence Act 1995 (NSW), s 79 Uniform Civil Procedure Rules 2005 (NSW), rr 7.1-7.2 Cases Cited: Bell Wholesale Co Ltd v Gates Export Corporation (1984) 2 FCR 1 Dasreef Pty Ltd v Hawchar (2011) 243 CLR 588 Epping Plaza Fresh Fruit & Vegetables Pty Ltd v Bevendale Pty Ltd [1999] 2 VR 191 Grandview Ausbuilder Pty Ltd v Budget Demolitions & Excavations Pty Ltd [2020] NSWSC 343 Jazabas Pty Ltd v Haddad [2007] NSWCA 276 KP Cable Investments Pty Ltd v Meltglow Pty Ltd (1995) 56 FCR 189 Longjing Pty Ltd v Perpetual Nominees Ltd [2017] NSWSC 1690 Makita (Australia) Pty Ltd v Sprowles (2001) 52 NSWLR 705 Woolworths Limited v About Life Pty Ltd (No 2) [2018] NSWSC 1340 Worldwide Pty Ltd v AW Exports Pty Ltd [2018] NSWSC 1632 Category: Procedural rulings Parties: Wyse Accounting Pty Ltd (First Applicant/Second Defendant) Wise & Young Pty Ltd (Second Applicant/Third Defendant) Union Steel Pty Ltd (Respondent/Plaintiff) Representation: Counsel: M Castle (Applicants/Second and Third Defendants) M Ashhurst SC/A Katsoulas (Respondent/Plaintiff)