KAI XIN PTY LTD t/as Kai Xin Family Trust v Shuliang Pty Ltd t/as Shuliang Family Trust [2021] NSWSC 904

Supreme Court New South Wales

Medium Neutral Citation: KAI XIN PTY LTD t/as Kai Xin Family Trust v Shuliang Pty Ltd t/as Shuliang Family Trust [2021] NSWSC 904 Hearing dates: 20 July 2021 Date of orders: 20 July 2021 Decision date: 20 July 2021 Jurisdiction: Equity - Duty List Before: Henry J Decision: Vary the security of costs order to reduce the amount of security for the defendants' costs from $60,000 to $15,000 and order that the amount of $45,000 paid into Court by the plaintiff as security for costs be paid out to the plaintiff. Catchwords: CIVIL PROCEDURE – Application to vary security for costs order – whether circumstances have sufficiently changed to warrant the variation of an interlocutory order – application granted Legislation Cited: Nil Cases Cited: Ballard v Brookfield Australia Investments Ltd [2013] NSWCA 82 Brimaud v Honeysett Instant Print Pty Ltd (1988) 217 ALR 44 Texts Cited: Nil Category: Procedural rulings Parties: KAI XIN PTY LTD trading as Kai Xin Family Trust (Plaintiff / Applicant) Shuliang Pty Ltd trading as Shuliang Family Trust (First Defendant / First Respondent) Shuliang Guo (Second Defendant / Second Respondent) Harman Resort Pty Ltd (Third Defendant / Third Respondent) Shengji Group Pty Limited ATF Shengji Group Unit Trust (Fourth Defendant / Fourth Respondent) Representation: Counsel: G McDonald (Plaintiff)

Solicitors: Tuwin Lawyers (Plaintiff) File Number(s): 2019/320697 Publication restriction: Nil