NAB v Idoport [2002] NSWSC 623

New South Wales Supreme Court

CITATION : NAB v Idoport [2002] NSWSC 623 CURRENT JURISDICTION: Equity Division FILE NUMBER(S) : SC 3541/02 HEARING DATE(S) : 10/07/02 JUDGMENT DATE : 10 July 2002

National Australia Bank Limited - First Plaintiff National Markets Group Limited - Second Plaintiff National Australia Financial Management Limited - Third Plaintiff Australian Market Automated Quotation (AUSMAQ) System Limited - Fourth Plaintiff MLC Limited - Fifth Plaintiff MLC Holdings Limited - Sixth Plaintiff Your Prosperity Limited - Seventh Plaintiff National Wealth Management Holdings Limited - Eighth Plaintiff National Online Trading Limited - Ninth Plaintiff Glenn L L Barnes - Tenth Plaintiff PARTIES : Francis J Cicutto - Eleventh Plaintiff David M Krasnostein - Twelfth Plaintiff Kevin F Courtney - Thirteenth Plaintiff Russell A McKimm - Fourteenth Plaintiff Donald Robert Argus - Fifteenth Plaintiff Richard McKinnon - Sixteenth Plaintiff Simon Moore - Seventeenth Plaintiff Idoport Pty Limited - First Defendant Negubo Pty Ltd - Second Defendant Investors Buying Service (IBS) Pty Limited - Third Defendant John Malcolm Maconochie - Fourth Defendant JUDGMENT OF : Barrett J

COUNSEL : Mr T F Bathurst QC/Mr J Kirk - Plaintiffs ex parte SOLICITORS : Freehills - Plaintiffs CATCHWORDS : EQUITY - injunctions - injunction restraining resort to proceedings elsewhere - "anti-suit" and "anti-anti-suit" injunctions LEGISLATION CITED : Evidence Act 1995 Allstate Life Insurance Co v Australia & New Zealand Banking Group Ltd (No 16) (unreported, FCA 2 September 1995) Castanho v Brown & Root [1981] AC 557 CASES CITED : CSR Limited v Cigna Insurance Australia Ltd (1996) 189 CLR 345 National Mutual Holdings Pty Ltd v Sentry Corporation (1989) 22 FCR 209 Turner v Grovit [2002] 1 WLR 107 DECISION : Interim relief granted