Kieren Leslie Welzel v Stephen Paul Francis [2011] NSWSC 477

Supreme Court New South Wales

Medium Neutral Citation: Kieren Leslie Welzel v Stephen Paul Francis [2011] NSWSC 477 Hearing dates: 20 May 2011 Decision date: 30 May 2011 Before: Ball J Decision: The first plaintiff provide further security in respect of the defendant's costs. Catchwords: COSTS - security for costs - inherent power of court to order security against a personal plaintiff - whether plaintiff disposed of assets to put them out of reach of costs order - relevance of impecuniosity in situation where plaintiff has placed assets out of reach - application granted Legislation Cited: Corporations Act 2001 (Cth) Uniform Civil Procedure Rules 2005 (NSW) Cases Cited: Bell Wholesale Co Ltd v Gates Export Corporation (1984) 52 ALR 176 Bhagat v Murphy [2000] NSWSC 892 Byrnes v John Fairfax Publications Pty Ltd [2006] NSWSC 251 Brimaud v Honeysett Instant Print Pty Ltd (1988) 217 ALR 44 Dalma Formwork Pty Limited (Administrator Appointed) v Concrete Constructions Group Limited [1998] NSWSC 472 Fiduciary Ltd v Morningstar Research [2004] NSWSC 664; (2004) 208 ALR 564 Hession v Century 21 South Pacific Ltd (in liq) (1992) 28 NSWLR 120 Ingot Capital Investments Pty Ltd v Macquarie Equity Capital Markets Ltd (No 5) [2006] NSWSC 255 Lynnebry Pty Ltd v Farquhar Enterprises Pty Ltd (1977) 3 ACLR 133 PS Chellaram & Co Ltd v China Ocean Shipping Co [1991] HCA 36; (1991) 102 ALR 321 Rajski v Computer Manufacture & Design Pty Ltd [1982] 2 NSWLR 443 Rajski v Computer Manufacture & Design Pty Ltd [1983] 2 NSWLR 122 Category: Procedural and other rulings Parties: Kieren Leslie Welzel (Plaintiff/Respondent) OpenIN Pty Ltd (Second Plaintiff) OpenIN Holdings Pty Limited (Third Plaintiff) OpenIN Assets Pty Limited (Fourth Plaintiff) Stephen Paul Francis (Defendant/Applicant) Representation: R C Gration (Plaintiff/Respondent) A P Spencer (Defendant/Applicant) HWL Ebsworth Lawyers (Plaintiff/Respondent) Holding Redlich (Defendant/Applicant) File Number(s): 2008/290489