Perricoota Boat Club Investments Pty Ltd v Watson [2011] NSWSC 1103

Supreme Court New South Wales

Medium Neutral Citation: Perricoota Boat Club Investments Pty Ltd v Watson [2011] NSWSC 1103 Hearing dates: 12 August 2011 Decision date: 15 September 2011 Jurisdiction: Equity Division Before: Gzell J Decision: Appeal allowed. Security for costs to be given. Catchwords: PROCEDURE - Security for costs - appeal from dismissal of motion by Associate Justice - caveat over interest in land by chargee under loan agreements - whether inference should be drawn that debt extant - refusal to answer notice to produce Legislation Cited: Uniform Civil Procedure Rules 2005 Cases Cited: Idoport Pty Ltd v National Australia Bank Ltd [2001] NSWSC 744 Patonga Beach Holdings Pty Ltd v Lyons [2009] NSWSC 869 Warren Mitchell Pty Ltd v Australian Maritime Officers' Union (1993) 12 ACSR 1 Jones v Dunkel [1959] HCA 8; (1958-1959) 101 CLR 298 Commercial Union Assurance Company of Australia Ltd v Ferrcom Pty Ltd (1991) 22 NSWLR 389 Kuhl v Zurich Financial Services Australia [2011] HCA 11; (2011) 276 ALR 375 KP Cable Investments Pty Limited v Meltglow Pty Limited [1995] FCA 1093; (1995) FCR 189 Category: Principal judgment Parties: Perricoota Boat Club Investments Pty Ltd (Plaintiff) Anthony Rupert Watson (First Defendant) Hillington Valley Pty Ltd (Second Defendant) Representation: Counsel William Alstergren (Plaintiff) Mark Goldblatt (Second Defendant) Solicitors McDermott & Associates (Plaintiff) Dandanis & Associates (Second Defendant) File Number(s): 2009/291115