In the matter of Hopetoun Kembla Investments Pty Ltd - Hopetoun Kembla Investments Pty Ltd v JPR Legal Pty Ltd [2011] NSWSC 1343

Supreme Court New South Wales

Medium Neutral Citation: In the matter of Hopetoun Kembla Investments Pty Ltd - Hopetoun Kembla Investments Pty Ltd v JPR Legal Pty Ltd [2011] NSWSC 1343 Hearing dates: 21 October 2011 Decision date: 07 November 2011 Jurisdiction: Equity Division - Corporations List Before: Ward J Decision: Statutory demand set aside Catchwords: CORPORATIONS - application under ss 459G, 459H(1)(b) and 459J(1)(b) of the Corporations Act 2001 (Cth) for order setting aside statutory demand - whether Graywinter principles apply to preclude reliance on supplementary affidavits - whether genuine offsetting claims established - whether pending appeal from costs determination the subject of judgment debt constitutes "some other reason" for the purposes of s 459J(1)(b) to set aside demand - HELD - Graywinter principles apply to preclude reliance on ground sought to be relied on as "some other reason" pursuant to s 459J(1)(b) but not otherwise - genuine offsetting claims established in excess of the amount claimed in statutory demand - statutory demand set aside - CIVIL PROCEDURE - application for leave to use in present proceedings documents obtained under subpoena in other proceedings - leave granted Legislation Cited: Civil Procedure Act 2005 (NSW) Conveyancing Act 1919 (NSW) Corporations Act 2001 (Cth) Courts and Crimes Legislation Amendment Act 2009 (NSW) Evidence Act 1995 (NSW) Legal Profession Act 1987 (NSW) Legal Profession Act 2004 (NSW) Cases Cited: Advance Ship Design Pty Ltd v D J Ryan t/as Davies Collison Cave (1995) 16 ACSR 129 Ahern v Deputy Commissioner of Taxation (Qld) (1987) 76 ALR 137 Airs Re Pty Ltd v JBB Treatt [2007] NSWSC 1100 Andi - Co Australia Pty Ltd v Meyers [2004] FCA 1358 Baden Delvaux & Lecuit v Societe Generale pour Favoriser le Development du Commerce [1992] 4 All ER 161; [1993] 1 WLR 509 Barlow Clowes International Ltd (in liq) v Eurotrust International Ltd [2006] 1 WLR 1476 Barnes v Addy (1874) 43 LJ Ch 513 Beach Petroleum NL v Kennedy [1999] NSWCA 408; (1999) 48 NSWLR 1 Beauty Health Group Ltd v Sholl [2011] NSWSC 77 Bhagat v Global Custodians Ltd [2002] FCA 223 Briginshaw v Briginshaw (1938) 60 CLR 336 Broke Hills Estate Pty Ltd v Oakvale Wines Pty Ltd [2005] NSWSC 638 Callite Pty Ltd v Adams [2001] NSWSC 52 Campbell's Cash & Carry Pty Ltd v Fostif Pty Ltd [2006] HCA 41; (2006) 229 CLR 386 Central City Pty Ltd v Montevento Holdings Pty Ltd [2011] WASCA 5 Chadwick Industries (South Coast) Pty Ltd v Condensing Vaporisers Pty Ltd (1994) 13 ACSR 37 Clark Boyce v Mouat [1994] 1 AC 428 Cranney Farm Pty Ltd v Corowa Fertilisers Pty Ltd [2011] NSWSC 9 CSR Limited v Eddy [2008] NSWCA 83; (2008) 70 NSWLR 725 Cufurovic v Coshott [2009] NSWSC 372 David Grant & Co Pty Ltd v Westpac Banking Corporation [1995] HCA 43; (1995) 184 CLR 265 Edge Technology Pty Ltd v Lite-on Technology Corporation (2000) 34 ACSR 301 Elm Financial Services Pty Ltd v MacDougal [2004] NSWSC 560 Endeavour Film Management Pty Ltd and Anor v Fox Studios Australia Pty Ltd [2003] NSWSC 1056 Energy Equity Corp Ltd v Sinedie Pty Ltd [2001] WASC 419; (2001) 166 FLR 179 Entwells Pty Ltd v National & General Insurance Co Ltd (1991) 6 WAR 68 Equuscorp Pty Ltd v Perpetual Trustees WA Ltd (1997) 16 ACLC 12 Eumina Investments Pty Ltd v Westpac Banking Corporation (1998) 84 FCR 454 Eyota Pty Ltd v Hanave Pty Ltd (1994) 12 ACSR 785 Farah Constructions Pty Ltd v Say-Dee Pty Ltd [2007] HCA 22; (2007) 230 CLR 89 Glegg v Bromley [1912] 3 KB 474 Goldspar Australia Pty Ltd v KWA Design Group Pty Ltd (1999) 17 ACLC 456 Graywinter Properties Pty Ltd v Gas & Fuel Corporation Superannuation Fund (1996) 70 FCR 452 Hamilton v Whitehead [1988] HCA 65; (1988) 166 CLR 121 Hansmar Investments Pty Ltd v Perpetual Trustee Ltd [2007] NSWSC 103; (2007) 61 ACSR 321 Hoare Bros Pty Ltd v Deputy Commissioner of Taxation (1996) 62 FCR 302; 135 ALR 677 Intag Microelectronics Pty Ltd v AWA Ltd (1995) 18 ACSR 284 Jesseron Holdings Pty Ltd v Middle East Trading Consultants Pty Ltd (1994) 13 ACSR 787; 122 ALR 717 John Holland Construction & Engineering Pty Ltd v Kilpatrick Green Pty Ltd (1994) 14 ACSR 250 John Shearer Ltd v Gehl Co (19`95) 18 ACSR 780 K & L Airconditioning Pty Ltd v Circuit Force (WA) Pty Ltd [2008] FCA 1715 Kation Pty Ltd v Lamru Pty Ltd [2009] NSWCA 145; (2009) 257 ALR 336 Licardy v Law Society of New South Wales [1998] NSWCA 130 Macleay Nominees Pty Ltd v Belle Property East Pty Ltd [2001] NSWSC 743 Maguire & Tansey v Makaronis [1997] HCA 23; (1997) 188 CLR 449 Maniotis v Valimi Pty Ltd [2002] VSCA 91; (2002) 4 VR 386 Mibor Investments Pty Ltd v Commonwealth Bank of Australia [1994] 2 VR 290; (1993) 11 ACSR 362 Midas Management Pty Ltd v Equator Communications Pty Ltd [2007] NSWSC 759 Monk v Australia & New Zealand Banking Group Ltd (1994) 34 NSWLR 148 Moutere Pty Ltd v Deputy Commissioner of Taxation [2000] NSWSC 379; (2000) 34 ACSR 533 NA Investment Holdings Pty Limited v Perpetual Nominees Limited [2010] NSWCA 210 National Australia Bank Ltd v Idoport Pty Ltd [2007] NSWSC 1349 National Mutual Property Services (Aust) Pty Ltd v Citibank Savings Ltd (1995) 132 ALR 514 On Call Interpreters and Translators Agency Pty Ltd v Commissioner of Taxation (No 3) [2011] FCA 366; (2011) 279 ALR 341 POS Media Online Ltd v B Family Pty Ltd [2003] NSWSC 147; (2003) 21 ACLC 533 Poulton v Commonwealth (1953) 89 CLR 540 Process Machinery Australia Pty Ltd v ACN 262 590 Pty Ltd [2002] NSWSC 45 Prosperity Advisers Pty Ltd v Secure Enterprises Pty Ltd t/as Strathearn Insurance Brokers Pty Ltd [2011] NSWSC 35 Quarter Enterprises Pty Ltd v Allardyce Lumber Co Ltd [2011] NSWSC 1031 Re Dennis; Ex parte Dennis (1888) 60 LT 348 Re Londonderry's Settlement; Peat v Walsh [1964] Ch 594 Re Morris Catering (Aust) Pty Ltd (1993) 11 ACSR 601 Re Ox Operations Pty Ltd [2008] FCA 61 Re Schekeloff; Ex parte Schekeloff v Hopkins Group Pty Ltd (1989) 86 ALR 645 Re Simersall: Blackwell v Bray (1992) 35 FCR 584 Reale Bros Pty Ltd v Reale [2003] NSWSC 666; (2003) 179 FLR 427 Rickard Constructions Pty Ltd v Rickard Hails Moretti Pty Ltd [2004] NSWSC 1041; (2004) 220 ALR 267 Royal Premier Pty Ltd v Taleski [2001] WASCA 48 Saferack Pty Ltd v Marketing Heads Australia Pty Ltd [2007] NSWSC 1143; (2007) 25 ACLC 1392 Scanhill Pty Ltd v Century 21 Australasia Pty Ltd (1993) 12 ACSR 341 SMEC International Pty Ltd v CEMS Engineering Inc [2001] NSWSC 459; (2001) 38 ACSR 595 Springfield Nominees Pty Ltd v Bridgelands Securities Ltd (1992) 38 FCR 217 Tatlers.com.au Pty Ltd v Davis [2006] NSWSC 1055; (2006) 203 FCR 473 Timberland Property Holdings Pty Ltd v Schindler Lifts Australia Pty Ltd [2011] NSWSC 466 Tokich Holdings Pty Ltd v Sheraton Constructions (NSW) Pty Ltd (in liq) [2004] NSWSC 527; (2004) 185 FLR 130 Toorallie Pty Ltd v Black [2001] NSWSC 1088 Tosich v Tasman Investment Management [2008] FCA 377; (2008) 250 ALR 274 Trendtex Trading Corporation v Credit Suisse [1982] AC 679 TS & B Retail Systems Pty Ltd v 3 Fold Resources Pty Ltd (No 3) [2007] FCA 151; (2007) 158 FCR 444 Wentworth v De Montfort (1988) 15 NSWLR 358 West International Pty Ltd v Ultra Drilling Pty Ltd [2008] FCA 1443; (2008) 68 ACSR 108 Whyked Pty Ltd v Yahoo Australia & New Zealand Pty Ltd [2006] NSWSC 650 Texts Cited: Ford's Principles of Corporations Law (online edn) Category: Principal judgment Parties: Hopetoun Kembla Investments Pty Ltd (Plaintiff) JPR Legal Pty Ltd (Defendant) Representation: Counsel A S Martin SC with S V Shepherd (Plaintiff) J T Johnson (Defendant) Solicitors Verekers Lawyers (Plaintiff) Sally Nash & Co (Defendant) File Number(s): 11/293538