Doppstadt Australia Pty Ltd v Lovick & Son Developments Pty Ltd [2013] NSWCA 106

Court of Appeal Supreme Court New South Wales Medium Neutral Citation: Doppstadt Australia Pty Ltd v Lovick & Son Developments Pty Ltd [2013] NSWCA 106 Hearing dates: 22 April 2013 Decision date: 09 May 2013 Before: Barrett JA Decision: The notice of motion dated 21 March 2013 is dismissed with costs. [Note: The Uniform Civil Procedure Rules 2005 provide (Rule 36.11) that unless the Court otherwise orders, a judgment or order is taken to be entered when it is recorded in the Court's computerised court record system. Setting aside and variation of judgments or orders is dealt with by Rules 36.15, 36.16, 36.17 and 36.18. Parties should in particular note the time limit of fourteen days in Rule 36.16.] Catchwords: APPEAL - application for stay of judgment pending determination of appeal - substantial money judgment - where arguable grounds of appeal conceded by respondents - no evidence of financial capability of respondents - respondents proffer undertakings of persons whose financial capability not demonstrated - but applicants give no assurance of their own financial capability - stay refused Cases Cited: Adeels Palace Pty Ltd v Moubarak [2009] NSWCA 130 Alexander v Cambridge Credit Corporation Ltd (1985) 2 NSWLR 685 Charterbridge Corporation Ltd v Lloyds Bank Ltd [1970] Ch 62 Penrith Whitewater Stadium Ltd v Lesvos Pty Ltd [2007] NSWSC 103 Category: Interlocutory applications Parties: Doppstadt Australia Pty Ltd - First Applicant Raymond John Davis - Second Applicant Lovick & Son Developments Pty Ltd - First Respondent Lovick Engineering Pty Ltd - Second Respondent Representation: C C Hodgekiss SC - Appellants S E Gray - Respondents Michael Flaherty Solicitor - Applicants Whiteley, Ironside & Shillington - Respondents File Number(s): 2013/87009 Decision under appeal Citation: [2013] NSWSC 135 Date of Decision: 2013-02-27 00:00:00 Before: Slattery J File Number(s): 2006/255184