Standard Commodities Pty Ltd v Societe Socinter department Centragel [2005] NSWSC 493

Reported Decision : 54 ACSR 496

New South Wales Supreme Court

CITATION : Standard Commodities Pty Ltd v Societe Socinter department Centragel [2005] NSWSC 493

HEARING DATE(S) : 09/05/05 Written submissions - 09/05/05, 13/05/05, 16/05/05, 25/05/05

JUDGMENT DATE : 27 May 2005

Equity Division JURISDICTION : Corporations List

JUDGMENT OF : Barrett J

DECISION : Re-opening of substantive decision refused. Re-opening of decision on costs granted. Substituted costs orders made.

CATCHWORDS : PROCEDURE - re-opening after judgment - unsuccessful defendant alleges error by first instance judge - whether first instance judge should re-open decision - test of obvious error or obvious miscarriage - whether satisfied in relation to substantive decision - re-opening thereof refused - where judge made order that costs follow event as adjunct to substantive order and without submissions on costs - appropriate to vary costs order after hearing argument

Corporations Act 2001 (Cth), ss.459E(3), 459G, 459J(1)(b), 1322 LEGISLATION CITED : Supreme Court Rules, Part 40 rule 9, Part 52A rule 11

AZED Developments Pty Ltd v Frederick & Co Ltd (1994) 14 ACSR 54 B & M Quality Constructions Pty Ltd v Buyrite Steel Supplies Pty Ltd (1994) 15 ACSR 433 Brew v Followment Transport Pty Ltd [2005] QSC 30 Compagnie Noga D'Importation et D'Exportation SA v Abacha [2001] 3 All ER 513 Delta Beta Pty Ltd v Vissers (1996) 20 ACSR 583 Dodds Family Investments Pty Ltd v Lane Industries Pty Ltd (1993) 26 IPR 261 Fattouh v Neffati [2002] NSWSC 1231 Gate Gourmet Australia Pty Ltd v Gate Gourmet Holding AG [2004] NSWSC 761 Gilsan (International) Pty Ltd v Optus Network Pty Ltd (No 2) [2005] NSWSC 38 Hamilhall Pty Ltd v A J Phillips Pty Ltd (1994) 15 ACSR 247 Hughes v Western Australian Cricket Association (1986) ATPR 40-748 L M & W J Taylor Pty Ltd v Armour Timber & Trading Pty Ltd (1996) 19 ACSR 231 CASES CITED : Madden v Connell [2001] NSWSC 1051 Main Camp Tea Tree Oil Ltd v Australian Rural Group Ltd (2002) 20 ACLC 726 M K & J A Roche Pty Ltd v Metro Edgley Pty Ltd [2004] NSWSC 780 Mok v Minister for Immigration (No 2) (1993) 47 FCR 81 Permanent Trustee Aust Ltd v FAI General Insurance Co Ltd (unreported, NSWSC, 3 June 1998) Rivercorp Pty Ltd v Casement [2004] NSWSC 280 Rolls Royce Industrial Power (Pacific) Ltd v James Hardie & Coy Pty Ltd (2001) 53 NSWLR 626 Rosniak v Government Insurance Office (1997) 41 NSWLR 608 Spotless Services Australia Ltd v Wookey (2003) 23 IR 58 Town & Country Property Management Systems Pty Ltd v Kaltoum [2003] NSWSC 813 Wentworth v Rogers [2002] NSWSC 921 Wentworth v Wentworth [1999] NSWSC 638 Westpac Banking Corporation v Tanzone Pty Ltd [2000] NSWCA 77