Schoupp v Verryt (No 2) [2014] NSWDC 29

District Court New South Wales

Medium Neutral Citation: Schoupp v Verryt (No 2) [2014] NSWDC 29 Hearing dates: 14/04/2014 Decision date: 15 April 2014 Jurisdiction: Civil Before: Levy SC DCJ Decision: 1.Damages for funds management charges are assessed in the agreed amount of $250,000; 2.Verdict and final judgment for the plaintiff in the sum of $2,204,150.47 including funds management charges; 3.The defendant is to pay the plaintiff's costs of the proceedings on the ordinary basis until 28 November 2013, and then on an indemnity basis from 29 November 2013; 4.The exhibits may be returned; 5.Upon the defendant's undertaking to file and serve a Notice of Appeal within 28 days, and to also prosecute any such appeal expeditiously, a stay of the judgment the subject of Order (2) above is granted upon the defendant paying into court the sum of $1,100,000 within 28 days of 14 April 2014; 6.The monies paid into court pursuant to Order (5) above are to remain in court pending the further order of this Court, or an order of the Supreme Court in its Protective Division, or an order of the Court of Appeal; 7.Liberty to apply on 7 days notice if further orders are required. Catchwords: Final orders on conclusion of the proceedings Cases Cited: Schoupp v Verryt [2014] NSWDC 28 Category: Consequential orders Parties: Liam Luke Schoupp (Plaintiff) Alphonse Verryt (Defendant) Representation: Mr D Campbell SC with Mr S Longhurst (Plaintiff) Mr D Ronzani (Defendant) RMB Lawyers (Plaintiff) Curwoods (Defendant) File Number(s): 2009/339964 Wollongong Publication restriction: None