Ingot & Ors v Macquarie & Ors [2004] NSWSC 1219

New South Wales Supreme Court

CITATION : Ingot & Ors v Macquarie & Ors [2004] NSWSC 1219 HEARING DATE(S) : 10, 11, 12 November 2004 and 10 December 2004 JUDGMENT DATE : 17 December 2004

JUDGMENT OF : McDougall J at 1 DECISION : See para [103] of judgment

CATCHWORDS : PRACTICE AND PROCEDURE - application for leave to further amend summons - whether costs orders on indemnity basis sufficient to compensate defendants for costs thrown away by amendment - whether defendants prejudiced by amendments alleging actual breaches of the law - whether refusal of leave to amend likely to occasion any significant prejudice to plaintiffs - no question of principle Trade Practices Act LEGISLATION CITED : Corporations Law Fair Trading Act The State of Queensland v J L Holdings Pty Limited (1977) 189 CLR 146 Cropper v Smith (1884) 26 Ch D 700 Clough and Rogers v Frog (1974) 48 ALJR 481 Jackamarra v Krakouer (1998) 195 CLR 516 CASES CITED : Micallef v ICI Australia Operations Pty Ltd [2001] NSWCA 274 Ketteman v Hansel Properties Ltd [1987] AC 189 Stollznow v Calvert [1980] 2 NSWLR 749 Bishopsgate Insurance Australia Ltd (In liq) v Deloitte Haskins & Sells [1999] 3 VR 863 Trau v University of Sydney (1989) 34 IR 466 Butcher v Lachlan Elder Realty [2004] HCA 60 PARTIES : Ingot Capital Investments Pty Limited & Ors (Plaintiffs) Macquarie Equity Capital Markets Limited & Ors (Defendants) FILE NUMBER(S) : SC 50169/01 F M Douglas QC/W G Muddle/B F Katekar (for plaintiffs) A S Bell (for 1st, 2nd and 3rd defendants) COUNSEL : I Pike (5th, 7th and 8th defendants and mention for the 9th defendant) E A Collins/P H Greenwood SC (12th defendant) T Bathurst QC/P Brereton (13th defendant) F Gleeson/J Watson/R Dick (14th defendant) Deacons (plaintiffs) Mallesons Stephen Jaques (Macquarie Parties) Atanaskovic Hartnell (4th defendant) Colin Biggers & Paisley (5th, 7th and 8th defendants and mention for the 9th defendant) M D Nikolaidis & Co (11th defendant) SOLICITORS : Minter Ellison (12th defendant) Blake Dawson Waldron (13th defendant) Henry Davis York (NCRA) TressCox (Guy Carpenter)