In the matter of Platypus Impact Housing Australia Limited (No 2) [2024] NSWSC 1070

Supreme Court New South Wales

Medium Neutral Citation: In the matter of Platypus Impact Housing Australia Limited (No 2) [2024] NSWSC 1070 Hearing dates: On the papers, submissions dated 25 and 30 July 2024 Date of orders: 22 August 2024 Decision date: 22 August 2024 Jurisdiction: Equity - Corporations List Before: McGrath J (in chambers) Decision: The defendant is to pay the plaintiff's costs (see [78]) Catchwords: COSTS — party/party — general rule that costs follow the event — consideration of Beoco principle — relevance of party's decision not to adjourn — submissions as to "mixed outcome" — where plaintiff not required to elect between forms of relief until trial — where such election did not meaningfully alter case to be answered by defendant — where defendant would not have adopted different approach — decision not to adjourn treated as a neutral factor — no reasoned basis for departing from general rule — s 459M conditioning order not a dominant or separable issue — HELD — general rule prevails — defendant to pay plaintiff's costs. Legislation Cited: Civil Procedure Act 2005 (NSW) ss 56, 98 Corporations Act 2001 (Cth), ss 183(1), 459H(3), 459M, 459N Uniform Civil Procedure Rules 2005 (NSW) Cases Cited: Australian Prudential Regulation Authority v Holloway (2000) 35 ACSR 276 Barry Edward and Thelma June Harrington v Greenwood Grove Estate Pty Ltd (No. 2) [2011] NSWSC 1598 Bonic v Pacific General Security Limited [2009] NSWSC 1221 Bostik Australia Pty Ltd v Liddiard (No 2) [2009] NSWCA 304 Cellarit Pty Ltd v Cawarrah Holdings Pty Ltd (No 2) [2018] NSWCA 266 Chandrasekaran v Western Sydney Local Health District (t/as Westmead Hospital) (No 2) [2024] NSWCA 21 Croc's Franchising Pty Ltd v Alamdo Holdings Pty Ltd (No 3) [2023] NSWCA 316 Doppstadt Australia Pty Ltd v Lovick & Son Developments Pty Ltd (No 2) [2014] NSWCA 219 Eumina Investments Pty Ltd v Westpac Banking Corporation (1998) 84 FCR 454; [1998] FCA 824 Golden v Vlandys (No 2) [2016] NSWCA 350 GOWAY Travel Pty Limited v Critchley & Anor [2024] NSWSC 2 GOWAY Travel Pty Ltd v Critchley (No 2) [2024] NSWSC 810 Grandview Ausbuilder Pty Ltd v Budget Demolitions Pty Ltd (2019) 99 NSWLR 397; [2019] NSWCA 60 Graywinter Properties Pty Ltd v Gas & Fuel Corp Superannuation Fund (1996) 70 FCR 452; [1996] FCA 822 Howard v Commissioner of Taxation (2014) 253 CLR 83; [2014] HCA 21 Infratel Networks Pty Ltd v Gundry's Telco & Rigging Pty Ltd (2012) 91 ACSR 170; [2012] NSWSC 943 Leading Edge Events Australia Pty Ltd v Kiri Te Kanawa (No 2) [2007] NSWSC 568 Monie v Commonwealth of Australia (No 2) [2008] NSWCA 15 Oshlack v Richmond River Council (1998) 193 CLR 72; [1998] HCA 11 Phillips v James (No 2) [2014] NSWCA 135 Re Platypus Impact Housing Australia Limited [2024] NSWSC 753 Riechelmann v McCabe (No 2) [2024] NSWCA 62 Sabah Yazgi v Permanent Custodians Limited (No 2) [2007] NSWCA 306 Sabah Yazgi v Permanent Custodians Limited (No 2) [2007] NSWCA 306 Vadori v AAV Plumbing (2010) 77 ACSR 616; [2010] NSWSC 274 Vero Insurance Ltd v Australian Prestressing Services Pty Ltd (No 2) [2014] NSWCA 8 Category: Costs Parties: Platypus Impact Housing Australia Limited (ACN 654 195 445) (Plaintiff) Jack Elsegood (Defendant) Representation: Counsel: E Ball (Plaintiff) B Hord (Defendant)