Barr v Narui Gold Coast Pty Ltd & Ors [2004] NSWSC 986

Reported Decision : 51 ACSR 129

New South Wales Supreme Court

CITATION : Barr v Narui Gold Coast Pty Ltd & Ors [2004] NSWSC 986 HEARING DATE(S) : 24 August, 2004 JUDGMENT DATE : 25 October 2004 JURISDICTION: Equity Division JUDGMENT OF : Palmer J DECISION : Motions to stay proceedings dismissed.

CATCHWORDS : MAINTENANCE - CHAMPERTY - ABUSE OF PROCESS - STAY OF PROCEEDINGS - Whether funder of litigation has genuine commercial interest or other justifiable motive in funding Plaintiff's litigation - whether terms of funding agreement inherently likely to give rise to abuse of process. LEGISLATION CITED : Corporations Act 2001 (Cth) - s.477(2)(c) - Clairs Keeley v Treacy [2003] WASCA 299 - Clyne v The New South Wales Bar Association (1960) 104 CLR 186 - Elfic Ltd v Macks [2003] 2 Qd R 125 - Giles v Thompson [1994] 1 AC 142 - Magic Menu Systems Pty Ltd v AFA Facilitation Pty Ltd (1997) 72 FCR 261 - Marston v Statewide Independent Wholesalers Ltd [2003] NSWSC 816 CASES CITED : - Movitor Pty Ltd, Re (1996) 64 FCR 380 - Roux v Australian Broadcasting Commission [1992] VR 577 - Smits v Roach [2004] NSWCA 233 - Stevens v Keogh (1946) 72 CLR 1 - Stocznia Gdanska SA v Latreefers Inc (No 2) [2000] All ER 148 - Trendtex Trading Corporation v Credit Suisse [1982] AC 679 - Trepca Mines Ltd, In re (No 2) [1963] 1 Ch 199 - William Felton & Co Pty Ltd, Re (1998) 145 FLR 211 2762/02: Tim Barr Pty Ltd - First Plaintiff/First Cross Defendant Timothy James Barr - Second Plaintiff/Second Cross Defendant PARTIES : Narui Gold Coast Pty Ltd - Defendant/Cross Claimant