Resilium Pty Ltd v Nest Insurance Consult Pty Ltd [2021] NSWSC 974

Supreme Court New South Wales

Medium Neutral Citation: Resilium Pty Ltd v Nest Insurance Consult Pty Ltd [2021] NSWSC 974 Hearing dates: 27 July 2021 Decision date: 05 August 2021 Jurisdiction: Equity - Commercial List Before: Stevenson J Decision: Security for costs of cross-claim to be ordered Catchwords: COSTS – security for costs of cross-claim – whether applicant has established likely costs of cross-claim – whether reason to believe cross-claimant is unable to pay costs – whether personal undertakings of director and shareholder should be accepted Legislation Cited: Competition and Consumer Act 2010 (Cth), Sch 2 – Australian Consumer Law Corporations Act 2001 (Cth) Cases Cited: Andrianakis v Uber Technologies (Ruling No 1) [2019] VSC 850 Beach Petroleum NL v Johnson (1992) 7 ACSR 203 Cornelius v Global Medical Solutions Australia Pty Ltd; Farag v Global Medical Solutions Pty Ltd [2014] NSWCA 65 HP Mercantile Pty Ltd v Dierickx [2013] NSWCA 87 Marcos Accountants Pty Ltd v Nigtol Pty Ltd [2019] NSWSC 909 Shepherd v Felt & Textiles of Australia Ltd (1931) 45 CLR 359; [1931] HCA 21 The Owners - Strata Plan No 69746 v IPM Pty Ltd; The Owners - Strata Plan No 71241 v IPM Pty Ltd [2015] NSWSC 772 Vintage Marine Art Pty Ltd v Henderson & Cremer (No 2) (2019) 101 NSWLR 77; [2019] NSWCA 252 Texts Cited: G E Dal Pont, Law of Costs (4th ed, 2018, LexisNexis Butterworths) Category: Procedural rulings Parties: Resilium Pty Ltd (Plaintiff/Second Cross-Defendant/Applicant) Resilium Insurance Broking Pty Ltd (First Cross-Defendant/Applicant) Nest Insurance Consult Pty Ltd (Defendant/Cross-Claimant/Respondent) Representation: Counsel: M R Elliot SC with D K Ratnam (Plaintiff/Cross-Defendants/Applicants) S Gray (Defendant/Cross-Claimant/Respondent)