Industry Funds Management (Nominees 2) Pty Limited v James Nicholas Panagopoulos and Anor [2013] NSWSC 868

Supreme Court New South Wales

Medium Neutral Citation: Industry Funds Management (Nominees 2) Pty Limited v James Nicholas Panagopoulos and Anor [2013] NSWSC 868 Hearing dates: 25 June 2013 Decision date: 28 June 2013 Jurisdiction: Equity Division Before: Sackar J Decision: 1. Defendants' motion dismissed. 2. Defendants to pay plaintiff's cost of the motion. Catchwords: PROCEDURE - consent judgments - whether consent judgments were procured "against good faith" - meaning of "against good faith" - whether consent judgments should be set aside.

EVIDENCE - cross-examination - whether rule in Browne v Dunn complied with. Legislation Cited: Civil Procedure Act 2005 Uniform Civil Procedure Rules 2005 Cases Cited: Allied Pastoral Holdings Pty Ltd v Commissioner of Taxation [1983] 1 NSWLR 1 Coles v Burke (1987) 10 NSWLR 429 Cubillo v Commonwealth of Australia (2000) 174 ALR 97 Harvey v Phillips (1956) 95 CLR 235 Kendell v Carnegie (2006) 68 NSWLR 193 Roach v B & W Steel Pty Ltd (1991) 23 NSWLR 110 Watson v Foxman (1995) 49 NSWLR 315 Category: Consequential orders Parties: Industry Funds Management (Nominees 2) Pty Limited (Plaintiff / Respondent on the motion) James Nicholas Panagopoulos (First Defendant / Applicant on the motion) Equal 54 Pty Limited (Second Defendant / Applicant on the motion) Representation: Counsel: A McInerney SC (Plaintiff / Respondent on the motion) G Sirtes SC and M Gollan (Defendants / Applicants on the motion) Solicitors: Gadens Lawyers (Plaintiff / Respondent on the motion) (No solicitors recorded for the Defendants / Applicants on the motion) File Number(s): 2012/207713