Anderson v Canaccord Genuity Financial Ltd (No 2) [2022] NSWSC 649

Supreme Court New South Wales

Medium Neutral Citation: Anderson v Canaccord Genuity Financial Ltd (No 2) [2022] NSWSC 649 Hearing dates: 5 April 2022 Date of orders: 24 May 2022 Decision date: 24 May 2022 Jurisdiction: Equity Before: Ward CJ in Eq Decision: See [244] Catchwords: COSTS — Indemnity costs COSTS — Non-party costs COSTS — Security for costs — Release of amount paid into Court Legislation Cited: Civil Procedure Act 2005 (NSW), ss 56, 98, 101 Uniform Civil Procedure Rules 2005 (NSW) rr 20.14, 36.7, 41.3, 41.8, 42.1, 42.21 Cases Cited: 123 259 932 Pty Ltd v Cessnock City Council (No 4) [2021] NSWSC 1598 A v N [2012] NSWSC 549 Ahern v Aon Risk Services Australia Ltd (No 2) [2022] NSWCA 39 Alltrans Express Ltd v CVA Holdings Ltd [1984] 1 WLR 394 Anderson v Canaccord Genuity Financial Ltd [2020] NSWSC 1852 Anderson v Canaccord Genuity Financial Ltd [2022] NSWSC 58 Anderson v Patersons Securities Ltd [2019] NSWSC 852 Arundel Chiropractic Centre Pty Ltd v Deputy Commissioner of Taxation (2001) 179 ALR 406; [2001] HCA 26 Auspine Ltd v Australian Newsprint Mills Ltd (1999) 93 FCR 1; [1999] FCA 673 Australasian Performing Rights Association Ltd v Marlin [1999] FCA 1006 Australian Competition and Consumer Commission v Colgate-Palmolive Pty Ltd (No 5) (2021) 151 ACSR 26; [2021] FCA 246 Bakers Investment Group (Australia) Pty Ltd v Caason Investments Pty Ltd [2015] VSC 644 Bassett v Cameron (No 2) [2021] NSWSC 419 Beach Petroleum NL v Johnson (1995) 57 FCR 119; [1995] FCA 350 Beaumont v Greathead (1846) 135 ER 1039; (1846) 2 CB 494 Brand2Content t/as Franchise Works v Dalby [2019] NSWCA 16 Brew v Whitlock (No 3) [1968] VR 504 Broadway Plaza Investments Pty Ltd v Broadway Plaza Pty Ltd; In the matter of Combined Projects (Arncliffe) Pty Ltd (No 3) [2021] NSWSC 1537 Calderbank v Calderbank [1975] 3 All ER 333 Capital Securities XV Pty Ltd (in liquidation) v Calleja (No 2) [2020] NSWSC 688 Carter v Caason Investment Pty Ltd (2016) 341 ALR 154; [2016] VSCA Chaina v Alvaro Homes Pty Ltd [2008] NSWCA 353 Charlick Trading Pty Ltd v Australian National Railways Commission [2001] FCA 629 Chief Commissioner of State Revenue (NSW) v Platinum Investments Management Ltd (No 2) [2011] NSWCA 197 Citrus Queensland Pty Ltd v Sunstate Orchards Pty Ltd (No 10) [2009] FCA 498 Commissioner of State Revenue v Challenger Listed Investments Ltd (No 2) [2011] VSCA 398 Commonwealth of Australia v Gretton [2008] NSWCA 117 County Securities Pty Ltd v Challenger Group Holdings Pty Ltd (No 2) [2008] NSWCA 273 Dunstan v Rickwood (No 2) (2007) 38 Fam LR 491; [2007] NSWCA 266 Dwyer v Nel [2021] QCA 165 Dwyer v Volkswagen Group Australia Pty Ltd t/as Volkswagen Australia (No 2) [2021] NSWSC 1137 Epping Plaza Fresh Fruit and Vegetables Pty Ltd v Bevendale Pty Ltd [1999] 2 VR 191; [1999] VSCA 43 Evans Shire Council v Richardson (No 2) [2006] NSWCA 61 Evans v Braddock (No 2) [2015] NSWSC 518 Favotto Family Restaurants Pty Ltd v Chief Commissioner of State Revenue (NSW) (No 2) [2020] NSWSC 519 Form-Quip Ltd v Trafalgar Properties Ltd (Supreme Court (NSW), Giles J, 19 July 1991, unrep) Fountain Selected Meats (Sales) Pty Ltd v International Produce Merchants Pty Ltd (1988) 81 ALR 397; [1988] FCA 202 FPM Constructions Pty Ltd v Council of the City of Blue Mountains [2005] NSWCA 340 Gore v Justice Corporation Pty Ltd (2002) 119 FCR 429; [2002] FCAFC 354 Habrok (Dalgaranga) Pty Ltd v Gascoyne Resources Pty Ltd (No 2) [2021] FCA 72 Hamod v New South Wales [2011] NSWCA 375 Harrison v Schipp (2002) 54 NSWLR 738; [2002] NSWCA 213 Hazeldene's Chicken Farm Pty Ltd v WorkCover Authority (Vic) (No 2) (2005) 13 VR 435; [2005] VSCA 298 Herning v GWS Machinery Pty Ltd (No 2) [2005] NSWCA 375 Huon Shipping and Logging Co Ltd v The South British Insurance Co Ltd (1923) 29 ALR 174; [1923] VLR 216 ICM Investments Pty Ltd v San Miguel Corporation & Ors (No 3) [2013] VSC 621 Idoport Pty Ltd v National Australia Bank [2005] NSWSC 1273 Idoport Pty Ltd v National Australia Bank Ltd [2007] NSWSC 23 Immer (No 45) Pty Ltd v Uniting Church in Australia Property Trust (NSW) (1993) 182 CLR 26 In the matter of C & L Cameron Pty Ltd - GB Gazzana v Nadalan Enterprises Pty Ltd; AF Gazzana v Nadalan Enterprises Pty Ltd [2012] NSWSC 676 Ingot Capital Investments Pty Ltd v Macquarie Equity Capital Markets Ltd (No 7) (2008) 65 ACSR 324; [2008] NSWSC 199 Ipex ITG Pty Ltd (in liq) v Victoria (No 2) [2014] VSCA 315 Jin Lian Group Pty Ltd (in Liq) v ACapital Finance Pty Ltd (No 2) [2021] NSWSC 1202 Jones v Bradley (No 2) [2003] NSWCA 258 Kebaro Pty Ltd v Saunders [2003] FCAFC 5 King Network Group Pty Ltd v Club of the Clubs Pty Ltd (No 2) [2009] NSWCA 204 Knight v FP Special Assets (1992) 174 CLR 178; [1992] HCA 28 Latoudis v Casey (1990) 170 CLR 534; [1990] HCA 59 Leichhardt Municipal Council v Green [2004] NSWCA 341 Magenta Nominees Pty Ltd v Richard Ellis (WA) Pty Ltd (FCAFC, 29 August 1995, unrep) May v Christodoulou (2011) 80 NSWLR 462; [2011] NSWCA 75 MGICA (1992) Pty Ltd v Kenny & Good Pty Ltd (No 2) (1996) 70 FCR 236; [1996] FCA 862 Mid-City Skin Cancer and Laser Centre v Zahedi-Anarak [2006] NSWSC 1149 Miwa Pty Ltd v Siantan Properties Pte Ltd (No 2) [2011] NSWCA 344 Morbidelli v Resourceco Pty Ltd [2010] SASC 107 Motium Pty Ltd v Arrow Electronics Pty Ltd [2011] WASCA 65 (S) Mutual Shipping Corporation v Bayshore Shipping Co Ltd ("The Montan") [1985] 1 WLR 625 Newmont Yandal Operations Pty Ltd v J Aron Corporation and Goldman Sachs Group, Inc (2007) 70 NSWLR 411; [2007] NSWCA 195 Nexus Minerals NL v Brutus Constructions Pty Ltd [1997] FCA 926 Ng v Chong [2005] NSWSC 385 Nu Line Construction Group Pty Ltd v Fowler (aka Grippaudo) [2012] NSWSC 816 Ohn v Walton (1995) 36 NSWLR 77 Oshlack v Richmond River Council (1998) 193 CLR 72; [1998] HCA 11 Penson v Titan National Pty Ltd (No 3) [2015] NSWCA 121 Precision Products (NSW) Pty Ltd v Hawkesbury City Council (2008) 74 NSWLR 102; [2008] NSWCA 278 Re Kingsheath Club of the Clubs Ltd (in liq) [2003] FCA 1589 Refina Pty Ltd v Binnie [2009] NSWSC 1098 Romero v Farstad Shipping (Indian Pacific) Pty Ltd (No 3) [2017] FCAFC 102 Sargent v ASL Developments Ltd (1974) 131 CLR 634 Seafolly Pty Ltd v Madden (No 6) [2015] FCA 1369 SMEC Testing Services Pty Ltd v Campbelltown City Council [2000] NSWCA 323 Smoothpool Nominees Pty Ltd v Pickering [2001] SASC 131 South Eastern Sydney Area Health Service v King [2006] NSWCA 2 State of New South Wales v Stevens (2012) 82 NSWLR 106; [2012] NSWCA 415 Storey & Keers Pty Ltd v Johnstone (1987) 9 NSWLR 446 Summer Hill Business Estate Pty Ltd v Equititrust Ltd [2011] NSWCA 211 Sydney City Council v Geftlick [2006] NSWCA 280 Sze Tu v Lowe (No 2) [2015] NSWCA 91 Thiess Contractors Pty Ltd v Placer (Granny Smith) Pty Ltd [2001] WASCA 166 Vagg v McPhee (No 2) [2013] NSWCA 126 Vale v Eggins (No 2) [2007] NSWCA 12 Vestris v Cashman (1998) 72 SASR 449 White Constructions ACT Pty Ltd (in liq) v White [2004] NSWSC 303 WLD Practice Holdings Pty Ltd v Stockham [2020] NSWSC 1354 Yates Property Corporation Pty Ltd v Bolan (No 2) (1997) 147 ALR 685; [1997] FCA 760 Yu v Cao (2015) 91 NSWLR 190; [2015] NSWCA 276 Category: Costs Parties: Daniela Alejandra Anderson (Plaintiff) Canaccord Genuity Financial Ltd (First Defendant) Nicola Lesleigh Garrett (Second Defendant) Samuel Mark Renauf (Third Defendant) PPB Pty Ltd (Fourth Defendant) Acorn Capital Ltd (Fifth Defendant) Albany Capital Investors Pty Ltd (Sixth Defendant) Ashington Capital Pty Ltd (in liquidation) (Seventh Defendant) Ashington Management Pty Ltd (in liquidation) (Eighth Defendant) Representation: Counsel: PS Braham SC with N Kabilafkas and A Bhasin (Plaintiff) JA Redwood SC with E Bathurst (First Defendant) M Painter SC with TC Bagley (Second and Third Defendants) G Ng with R Sud (Fourth Defendant) AS McGrath SC with JD Williams (Fifth Defendant) JE Sexton SC with AA Cameron (Sixth Defendant) A Edwards (Seventh and Eighth Defendants)