Wixels Property Holdings Pty Ltd ACN 622 224 533 v THN Property Funding Pty Ltd ACN 659 844 685 [2024] NSWSC 866

Supreme Court New South Wales

Medium Neutral Citation: Wixels Property Holdings Pty Ltd ACN 622 224 533 v THN Property Funding Pty Ltd ACN 659 844 685 [2024] NSWSC 866 Hearing dates: On the papers Date of orders: 17 July 2024 Decision date: 17 July 2024 Jurisdiction: Equity Before: Kunc J Decision: Indemnity costs in favour of second defendant; no order as to the costs of the fourth defendant Catchwords: COSTS — Party/Party — General rule that costs follow the event — Proceedings discontinued or dismissed — Effect of contractual right to indemnification for costs — No issue of principle Cases Cited: Fraser v Irish Restaurant & Bar Company Pty Ltd [2008] QCA 270 Inglis v Commonwealth Trading Bank of Australia (1971) 126 CLR 161 Kyabram Property Investments Pty Ltd v Murray [2005] NSWCA 87 Macquarie International Health Clinic Pty Ltd v Sydney South West Area Health Service (No 2) [2011] NSWCA 171 Nichols v NFS Agribusiness Pty Ltd (2018) 97 NSWLR 681; [2018] NSWCA 84 ONE.Tel Ltd v Deputy Commissioner of Taxation (2000) 101 FCR 548; [2000] FCA 270 Re Minister for Immigration and Ethnic affairs of the Commonwealth of Australia; Ex parte Lai Qin (1997) 186 CLR 622; [1997] HCA Ryde Developments Pty Ltd v Property Investors Alliance Pty Ltd (No 2) [2018] NSWCA 40 Sze Tu v Lowe (No 2) [2015] NSWCA 91 Category: Costs Parties: Wixels Property Holdings Pty Ltd ACN 622 224 533 (Plaintiff) THN Property Funding Pty Ltd ACN 659 844 685 (First Defendant) DRE Capital Pty Ltd ACN 663 108 861 (Second Defendant) KD Funds Pty Ltd ACN 634 517 301 (Third Defendant) Wayne Ding (Fourth Defendant) Representation: Counsel: R Glasson (Second Defendant)