PA Putney Finance Australia Pty Ltd & Ors v Aalders & Anor [2020] NSWSC 1632

Supreme Court New South Wales

Medium Neutral Citation: PA Putney Finance Australia Pty Ltd & Ors v Aalders & Anor [2020] NSWSC 1632 Hearing dates: 17 November 2020 Date of orders: 17 November 2020 Decision date: 17 November 2020 Jurisdiction: Equity - Duty List Before: Slattery J Decision: Motion dismissed. Applicants/defendants to pay the respondents/plaintiffs' costs of the Motion. Catchwords: COSTS — Security for costs — Relevant factors – Uniform Civil Procedure Rules, r 42.21(d) – whether the defendant/applicant has established that there is reason to believe that the corporate plaintiffs will be unable to pay the costs of the defendant if ordered to do so. Legislation Cited: Corporations Act 2001 (Cth), s 1335 Uniform Civil Procedure Rules 2005, r 42.21(d) Cases Cited: Calderbank v Calderbank [1975] 3 All ER 333 Currabubula Holdings Pty Ltd v State Bank of New South Wales [2000] NSWSC 232 Vintage Marine Art Pty Ltd v Henderson and Cremer (No. 2) (2019) 101 NSWLR 77 Welzel v Francis Justice Hall [2011] NSWSC 4477 Category: Consequential orders Parties: First Plaintiff: PA Putney Finance Australia Pty Limited ABN 32096896267 Second Plaintiff: PA Putney Custodians Pty Ltd Third Plaintiff: PA Putney Finance Pty Ltd ABN 39090612141 First Defendant: Adrian Emile Francois Aalders Second Defendant: Alders Finance Pty Limited Representation: Counsel: Defendants/Applicants: P.A. Horobin

Solicitors: Plaintiffs/Respondents: David Matthew Farrer; Farrar Lawyers Defendants/Applicants: Anthony J. Cordato; Cordato Partners Lawyers File Number(s): 2018/00375030 Publication restriction: No