Bhushan Steel Ltd v Severstal Export GmbH [2012] NSWSC 583

Supreme Court New South Wales

Medium Neutral Citation: Bhushan Steel Ltd v Severstal Export GmbH [2012] NSWSC 583 Hearing dates: 5 December and 6 December 2011 Decision date: 31 May 2012 Jurisdiction: Equity Division Before: Sackar J Decision: See paragraph 177 and 178 Catchwords: FREEZING ORDER - mareva order - foreign proceedings - Uniform Civil Procedure Rules (NSW) rule 25.14 - good arguable case - sufficient prospects of judgment being entered - sufficient prospects of judgment being registered - danger of judgment being unsatisfied Legislation Cited: Foreign Judgments Act 1991 (Cth) Uniform Civil Procedure Rules 2005 (NSW) Civil Procedure Act 2005 (NSW) Cases Cited: Agar v Hyde (2000) 201 CLR 552 Arena Management Pty Ltd v Campbell Street Theatre Pty Ltd (No 2) [2010] NSWSC 1230 Benefit Strategies Group Inc v Prider (2005) 91 SASR 544 Blair v Curran (1939) 62 CLR 464 Brewer v Brewer (1953) 88 CLR 1 Cardile v LED Builders Pty Ltd (1999) 198 CLR 380 Curtis v NID Pty Ltd [2010] FCA 1072 Davis v Turning Properties [2005] NSWSC 742 Deputy Commissioner of Taxation v Hua Wang Bank Berhad and Others (2010) 80 ATR 449 Emanuel v Symon [1908] 1 KB 302 Errigal Ltd v Equatorial Mining Ltd [2006] NSWSC 953 Farah Constructions Pty Ltd v Say-Dee Pty Ltd (2007) 230 CLR 89 Frigo v Culhaci [1998] NSWCA 88 Glenwood Management Group Pty Ltd v Mayo [1991] 2 VR 49 Goldsmith v Sperrings Ltd [1977] 1 WLR 478 Haines v ABC (1995) 43 NSWLR 404 Haiti v Duvalier (Mareva Injunction) (No.2) [1990] 1 QB 202 Hu v PS Securities Pty Ltd (as trustee of the Joseph Family Trust) and Another [2011] NSWSC 98 Jackson v Sterling Industries Ltd (1987) 162 CLR 612 Jones v Sutherland Shire Council [1979] 2 NSWLR 206 Joubert v Campbell Street Theatre Pty Ltd (In Liquidation) [2011] NSWCA 302 Kuligowski v Metrobus (2004) 220 CLR 363 Lifetime Investments ltd v Commercial (Worldwide) Financial Services Pty Ltd and Another (2005) FCA 226 Macedonian Orthodox Community Church St Petka Inc v His Eminence Petar Diocesan Bishop of Macedonian Orthodox Diocese of Australia and New Zealand (2008) 237 CLR 66 Ninemia Maritime Corp v Trave Schiffahrts GmbH & Co KG (The Niedersachsen) [1984] 1 All ER 398 Ninemia Maritime Corp v Trave Schiffahrts GmbH & Co KG (The Niedersachsen) [1984] 1 All ER 413 Norsemeter Holdings AS v Boele (No 1) [2002] NSWSC 370 Patterson v BTR Engineering (Aust) Ltd [1989] 18 NSWLR 319 Pure Logistics Pty Ltd v Scott [2007] NSWSC 595 Rahman (Prince Abdul) v Abu-Taha [1980] 1 WLR 1268 Ramsay v Pigram (1968) 118 CLR 271 Republic of Haiti v Duvalier [1990] 1 QB 202 Satyabrata Ghose v Mugneeram Bangur & Co, and Anor [1954] SCR 310 Sharman License Holdings Ltd v Universal Music Aust Pty Ltd [2005] FCA 802 Vitkovice Horni a Hutni Tezirstvo v Korner [1951] AC 869 Westpac Banking Corporation v McArthur [2007] NSWSC 1347 Texts Cited: Ritchies, 'Uniform Civil Procedure NSW' LexisNexis Butterworths (loose leaf service) Davies, Bell and Brereton, 'Nygh's Conflict of Laws in Australia' (8th ed. 2010) Category: Principal judgment Parties: Bhushan Steel Limited - plaintiff Severstal Export GMBH - defendant Representation: Counsel: Dr A Bell SC, J Watson - plaintiff C Colquhoun - defendant Solicitors: Jones Day - plaintiff Mallesons - defendant File Number(s): 2011/327070