Specialty Fashion Group Limited v Global Red Australia Pty Limited [2012] NSWSC 256

Supreme Court New South Wales

Medium Neutral Citation: Specialty Fashion Group Limited v Global Red Australia Pty Limited [2012] NSWSC 256 Hearing dates: 5 March 2012 Decision date: 21 March 2012 Jurisdiction: Equity Division - Corporations List Before: Black J Decision: Defendant to pay the Plaintiff's costs of and incidental to the application to set aside the statutory demand and of the hearing on 5 March 2012. Catchwords: CORPORATIONS - Winding up - Statutory demand - Costs - Whether costs should be awarded in respect of application to set aside statutory demand - Whether Defendant should pay Plaintiff's costs where statutory demand would almost certainly have been set aside if the matter had proceeded to a contested hearing. Legislation Cited: - Corporations Act 2001 (Cth) ss 459G, 459G(2), 459H, 459J, 459N - Uniform Civil Procedure Rules 2005 (NSW) r 42.1 Cases Cited: - Ayrton Investments Pty Ltd v Andrlik [2000] ACTSC 55 - BGC Contracting Pty Ltd v Whitsunday Crushers Pty Ltd [2004] WASC 209 - CGI Information Systems and Management Consultants Pty Ltd v APRA Consulting Pty Ltd [2003] NSWSC 728; (2003) 47 ACSR 100 - Construction Management Services Pty Ltd v Bidnia Group Pty Ltd [2008] NSWSC 1152 - Felkro Nominees Pty Ltd v Austissue Pty Ltd [1993] FCA 455; (1993) 11 ACSR 607 - Hornet Aviation Pty Ltd v Ansett International Air Freight (unreported, Federal Court of Australia, Northrop J, 6 December 1994) - Independent Portable Buildings Pty Ltd v Modular Building Systems Pty Ltd [2011] FCA 511 - Jem Number Four Pty Ltd v Southern Cross Construction (NSW) Pty Ltd [2006] NSWSC 692 - Lake Burrendong State Park Trust v Thompson [2011] NSWSC 1554 - Re Chameleon Mining NL; Chameleon Mining NL v Atanaskovic Hartnell [2009] NSWSC 602 - Re Minister for Immigration and Ethnic Affairs; Ex parte Lai Quin [1997] HCA 6; (1997) 186 CLR 622 - Soudan Lane Pty Ltd v Glen Bradshaw t/as Pacific Coast Digital [2007] NSWSC 772 Category: Principal judgment Parties: Speciality Fashion Group Limited (Plaintiff) Global Red Australia Pty Limited (Defendant) Representation: Counsel: M. A. Friedgut (Plaintiff) M. Rosenblatt (Defendant) Solicitors: Arnold Bloch Leibler (Plaintiff) Somerset Ryckmans (Defendants) File Number(s): 11/384227