RSA v VDM CCE and VDM CCE v RSA [2012] NSWSC 861

Supreme Court New South Wales

Medium Neutral Citation: RSA v VDM CCE and VDM CCE v RSA [2012] NSWSC 861 Hearing dates: 20/07/2012 Decision date: 20 July 2012 Jurisdiction: Equity Division - Technology and Construction List Before: McDougall J Decision: Stay to be granted on conditions as to security and diligent prosecution of claim. Catchwords: [PROCEDURE] - civil - application for stay of judgment - where proceedings cross-vested from Supreme Court of Queensland -Building and Construction Industry Payments Act 2004 (QLD) - whether court should exercise its discretion to grant a stay - whether the plaintiff's rights will be rendered nugatory - whether refusal of stay will cause substantial prejudice. Legislation Cited: Building and Construction Industry Security of Payment Act 1999 (NSW) Building and Construction Industry Payments Act 2004 (Qld) Cases Cited: Chase Oyster Bar v Hamo Industries (2010) 78 NSWLR 393 Grosvenor Constructions (NSW) Pty Ltd v Musico [2004] NSWSC 344 Herscho v Expile Pty Ltd [2004] NSWCA 468 RJ Neller Building Pty Ltd v Ainsworth [2009] 1 Qd R 390 Taylor Projects Group Pty Ltd v Brick Dept Pty Ltd & Ors [2005] NSWSC 571 Veolia Water Solutions v Kruger Engineering (No 3) [2007] NSWSC 459 Category: Procedural and other rulings Parties: RSA (Moorvale Station) Pty Ltd [ACN 127 377 851] (First Plaintiff) Transpac Capital Pty Ltd [ACN 076 836 470] (Second Plaintiff) VDM CCE Pty Ltd [ACN 106 121 635] (First Defendant) VDM Group Ltd [ACN 109 829 334] (Second Defendant) Representation: Counsel: E B Cowpe / P Morrison QC (Plaintiff 2011/57243) (Defendant 2012/215354) F P Hicks (Defendant 2011/57243) (Plaintiff 2012/215354) Solicitors: James Beatty & Associates (Plaintiffs) Wotton + Kearney (First and Second Defendants) File Number(s): 2011/57243 and 2012/215354