Ian Allan Byrne v A J Byrne Pty Limited (No 2) [2012] NSWSC 883

Supreme Court New South Wales

Medium Neutral Citation: Ian Allan Byrne v A J Byrne Pty Limited (No 2) [2012] NSWSC 883 Hearing dates: 8, 9 and 10 May 2012, 24 July 2012 Decision date: 02 August 2012 Jurisdiction: Equity Division - Corporations List Before: Black J Decision: Detailed orders as to costs and other consequential orders made. Catchwords: COSTS - Costs and consequential orders - Indemnity costs - Whether order for indemnity costs should be made in circumstances where Plaintiff rejected two offers to acquire his shares made by Defendants - Whether Plaintiff acted unreasonably in pursuing proceedings. Legislation Cited: - Corporations Act 2001 (Cth) ss 233, 233(1)(a), 233(1)(d), 461 - Uniform Civil Procedure Rules 2005 (NSW) r 20.22 Cases Cited: - Byrne v A J Byrne Pty Ltd [2012] NSWSC 667 - Byrne v Byrne [2011] NSWSC 1437 - Calderbank v Calderbank [1975] 3 All ER 333; 3 WLR 586 - Nu Line Construction Group Pty Ltd v Fowler [2012] NSWSC 816 Category: Consequential orders Parties: Ian Allan Byrne (Plaintiff) A.J. Byrne Pty Ltd (1st Defendant) Loka Pastoral Co Pty Ltd (2nd Defendant) Mirridong Pastoral Co Pty Ltd (3rd Defendant) Allan Austin Byrne (4th Defendant) Frances Laura Byrne (5th Defendant) Stuart Austin Byrne (6th Defendant) Representation: Counsel: D.P. Robinson SC/S.B. Loughnan (Plaintiff) J. Stoljar SC/T.W. Marskell (Defendants) Solicitors: Commins Hendricks Pty Ltd (Plaintiff) Skinner & Associates (Defendants) File Number(s): 11/204675