ASIC v Edwards - Costs [2006] NSWSC 498

New South Wales Supreme Court

CITATION : ASIC v Edwards - Costs [2006] NSWSC 498 This decision has been amended. Please see the end of the judgment for a list of the amendments.

HEARING DATE(S) : 14/02/05, 15/02/05, 16/02/05, 17/02/05, 18/02/05, 22/02/05, 23/02/05, 24/02/05, 25/02/05, 28/02/05, 01/03/05, 02.03/05, 03/03/05, 21/03/05, 22/03/05, 23/03/05, 24/03/05, 1/9/05, 28/10/05, 08/12/05, 09/12/05, 09/02/06, 06/04/06

JUDGMENT DATE : 26 May 2006

JURISDICTION : Equity Division Corporations List

JUDGMENT OF : Barrett J

DECISION : Defendant to pay plaintiff's costs as agreed or assessed on the party/party basis

CATCHWORDS : PROCEDURE - costs - ASIC successful in insolvent trading proceedings against company director - defendant director contends that there should be departure from rule that costs follow the event - no reason for departure shown

Australian Securities and Investments Commission v Edwards (2005) 220 ALR 148 Australian Securities and Investments Commission v Edwards [2006] NSWSC 376 Australian Securities and Investments Commission v Plymin (No 2) (2003) 21 ACLC 1237 CASES CITED : Elliott v Australian Securities and Investments Commission (2004) 10 VR 369 Musolino v Sidiropolous (1991) 101 ALR 235 Re HIH Insurance Ltd; Australian Securities and Investments Commission v Adler (2002) 42 ACSR 80 Ritter v Godfrey [1920] 2 KB 47 VBAS v Minister for Immigration and Multicultural and Ethnic Affairs (2005) 84 ALD 312

PARTIES : Australian Securities and Investments Commission - Plaintiff Malcolm Leslie Edwards - Defendant