Westpac Banking Corporation v McArthur [2007] NSWSC 1347

New South Wales Supreme Court

CITATION : Westpac Banking Corporation v McArthur [2007] NSWSC 1347

HEARING DATE(S) : 12/11/07, 13/11/07, 15/11/07

JUDGMENT DATE : 27 November 2007

JURISDICTION : Equity Division

JUDGMENT OF : Barrett J

DECISION : Freezing order in modified form renewed in respect of first defendant; Freezing order discharged in respect of second defendant

CATCHWORDS : PROCEDURE - freezing order - under rules of court where "good arguable case" against defendant and danger of dissipation of assets shown - whether case for such order made out - form of such order - appropriateness of exceptions for fixed sums for legal expenses and "per week" fixed sums for living expenses - PROCEDURE - ex parte application - applicant's duty of candour - whether duty breached - PROCEDURE - undertaking to court - whether undertaking breached

Corporations Act 2001 (Cth), Part 5.3A Evidence Act 1995, s.75 LEGISLATION CITED : Fair Trading Act 1987, s.42 Trade Practices Act 1974 (Cth) ss.52, 75B, 76 Uniform Civil Procedure Rules 2005, rule 25.14(1)(b)(i)

Cardile v LED Builders Pty Ltd (1997) 198 CLR 380 Errigal Ltd v Equatorial Mining Ltd [2006] NSWSC 953 Halifax plc v Charlton [2001] EWCA Civ 1750 CASES CITED : Ninemia Maritime Corp v Trave [1983] 2 Lloyd's Rep 600 Patterson v BTR Engineering (Aust) Ltd (1989) 18 NSWLR 319 Pure Logistics v Scott [2007] NSWSC 595 Re South Downs Packers Pty Ltd [1984] 2 Qd R 559 Thomas A Edison Ltd v Bullock (1912) 15 CLR 679

Westpac Banking Corporation - First Plaintiff PARTIES : Trevor Pogroske and Paul Billingham (in their capacity as receivers and managers of Bon McArthur Transport Pty Limited) - Second Plaintiffs Jon Charles McArthur - First Defendant Richard Walter Fritsche - Second Defendant