ACN 105 921 962 Pty Ltd & Ors v Dominic Wiggett & Anor [2012] NSWSC 1526

Supreme Court New South Wales

Medium Neutral Citation: ACN 105 921 962 Pty Ltd & Ors v Dominic Wiggett & Anor [2012] NSWSC 1526 Hearing dates: 13 November 2012 Decision date: 11 December 2012 Jurisdiction: Equity Division - Corporations List Before: Black J Decision: First and Third Plaintiffs to provide security for the Defendants' costs of the proceedings in two tranches. Parties have liberty to send submissions as to costs within 7 days. Catchwords: COSTS - Security for costs - Whether jurisdiction to make an order for security for costs is established - Discretionary considerations - Quantum of security. Legislation Cited: - Corporations Act 2001 (Cth) s 1335 - Fair Trading Act 1987 (NSW) - Trade Practices Act 1974 (Cth) - Uniform Civil Procedure Rules 2005 (NSW) rr 42.21, 42.21(1)(d) Cases Cited: - Beach Petroleum NL v Johnson (1992) 7 ACSR 203 - Bryan E Fencott & Associates Pty Ltd v Eretta Pty Ltd (1987) 16 FCR 497 - Caruso Australia Pty Ltd v Portec (Aust) Pty Ltd (1984) 1 FCR 311; 8 ACLR 818 - Christou v Stanton Partners Australasia Pty Ltd [2011] WASCA 176 - Deangrove Pty Ltd v Buckby [2002] FCA 1544 - Jazabas Pty Ltd v Haddad [2007] NSWCA 291; (2007) 65 ACSR 276 - KP Cable Investments Pty Ltd v Meltglow Pty Ltd (1995) 56 FCR 189 - Lagarna Pty Ltd v Bridge Wholesale Acceptance Corporation (Australia) Ltd [1995] 1 VR 150 - Laundry Coin-Wash Nominees Pty Ltd v Dunlop Olympic Ltd (1985) ATPR 40,584 - Litmus Australia Pty Ltd (in liq) v Canty [2007] NSWSC 670; (2007) 25 ACLC 1141 - Livingspring Pty Ltd v Kliger Partners (2008) 20 VR 377 - Polstead Pty Ltd (in liq) v Shah [2009] NSWSC 560 - Power Infrastructure Pty Ltd v Downer EDI Engineering Power Pty Ltd [2010] FCA 1222 - Ryberg Telecommunications Pty Ltd (in liq) v Optus Mobile Pty Ltd [2011] NSWSC 1268 - Second Lenbourne Pty Ltd v Beagle Management Pty Ltd [1999] FCA 486 - Street v Luna Park Sydney Pty Ltd [2006] NSWSC 1317 - Transocean Capital Pty Ltd v AFSIG Pty Ltd [2006] NSWSC 806; (2006) 202 FLR 220 Category: Interlocutory applications Parties: ACN 105 921 962 Pty Limited (First Plaintiff) Envirotechnic Pty Limited (Second Plaintiff) Shannongrove Pty Limited (Third Plaintiff) Dominic Wiggett (First Defendant) A-TEK Specialised Industrial Cleaning Services Pty Limited (Second Defendant) Representation: Counsel: S.A. Gregory (Plaintiffs/Respondents) M. Condon SC (Defendants/Applicants) Solicitors: A.R. Warmsley & Co (Plaintiffs/Respondents) A. McMinn (Defendants/Applicants) File Number(s): 10/39897