Foyster v Foyster Holdings [2003] NSWSC 135

Reported Decision : (2003) 44 ACSR 705

New South Wales Supreme Court

CITATION : Foyster v Foyster Holdings [2003] NSWSC 135 HEARING DATE(S) : 17/02/03 JUDGMENT DATE : 13 March 2003

JURISDICTION: Equity Division Corporations List JUDGMENT OF : Barrett J DECISION : Costs orders

CATCHWORDS : CORPORATIONS - competing s.237 applications to represent defendant company - directors eventually able to deal with defence - both applications dismissed - liability for costs of applications - PROCEDURE - costs - whether gross sum should be awarded - whether indemnity costs should be awarded - whether costs should be payable forthwith LEGISLATION CITED : Corporations Act 2001 (Cth), ss.236, 237, 242 Fiduciary Ltd v Morningstar Research Pty Ltd (2002) 55 NSWLR 1 CASES CITED : Harrison v Schipp (2002) 54 NSWLR 738 Oshlack v Richmond River Council (1997) 193 CLR 72 David Lloyd Foyster - Plaintiff Foyster Holdings Pty Limited (Provisional Liquidator Appointed) - First Defendant Ian Lawrence Struthers - Second Defendant Jacqueline Whyatt Foyster - Third Defendant Tasmanian Titanium Pty Limited - Fourth Defendant PARTIES : Peter William Hopkins - Fifth Defendant Hopkins Professional Services Pty Limited - Sixth Defendant Maxwell William Prentice - Seventh Defendant Repbrook Pty Limited - Eighth Defendant John Leslie Coggan and Michael John Russell - Directors of Fourth Defendant Anne Robinson - Intervener - Former Director of Fourth Defendant FILE NUMBER(S) : SC 2806/02 Mr M B Evans - Plaintiff COUNSEL : Mr M J Cohen - Fourth Defendant, Mr Coggan and Mr Russell Mr S Lusk, Solicitor - Fifth and Sixth Defendants Mr J McEncroe, Solicitor - Mrs Robinson Kings Lawyers - Plaintiff SOLICITORS : Peter W Hopkins - Fourth Defendant, Mr Coggan and Mr Russell Phillips Fox - Fifth and Sixth Defendants John McEncroe & Company - Mrs Robinson