Opes Prime Stockbroking Ltd (In Liq) (Scheme Administrators Appointed) v Stevens [2014] NSWSC 659

Supreme Court New South Wales

Medium Neutral Citation: Opes Prime Stockbroking Ltd (In Liq) (Scheme Administrators Appointed) v Stevens [2014] NSWSC 659 Hearing dates: 16 May 2014 Decision date: 27 May 2014 Before: Ball J Decision: (1)The plaintiffs' motion filed on 27 March 2014 be dismissed. (2)Pursuant to s 5(2) of the Jurisdiction of Courts (Crossvesting) Act 1987 (NSW) this proceeding be transferred to the Supreme Court of Victoria. (3)The plaintiffs pay the defendants' and QBE's costs of both motions. Catchwords: PROCEDURE - civil - parties - joinder - whether leave should be granted to join insurer under s 6(4) of the Law Reform (Miscellaneous Provisions) Act 1946 (NSW) - discretion of court - whether satisfaction of 3 conditions in Bede Polding College v Limit (No 3) Limited [2008] NSWSC 887 sufficient for grant of leave PROCEDURE - civil - jurisdiction - transfer of proceedings - whether in the interests of justice that proceedings be determined by Supreme Court of Victoria - whether procedural or substantive advantages to one party relevant to the interests of justice in application to transfer Legislation Cited: Jurisdiction of Courts (Cross-vesting) Act 1987 (NSW) Law Reform (Miscellaneous Provisions) Act 1946 (NSW) Cases Cited: Bailey v NSW Medical Defence Union Ltd [1995] HCA 28; (1995) 184 CLR 399 Bede Polding College v Limit (No 3) Ltd [2008] NSWSC 887 BHP Billiton Ltd v Schultz [2004] HCA 61; (2004) 221 CLR 400 Chubb Insurance Company of Australia Ltd v Moore [2013] NSWCA 212; (2013) 302 ALR 101 Eastern Creek Holdings Pty Limited v Axis Speciality Europe Limited [2010] NSWSC 840 Gorczynski v W & FT Osmo Pty Ltd [2009] NSWSC 693; (2009) 258 ALR 189 Keeble v Murray [2014] NSWSC 151 Oswald v Bailey (1987) 11 NSWLR 715 Tzaidas v Child [2004] NSWCA 252; (2004) 61 NSWLR 18 TPFL Limited (in liq) v SB Group Property Valuers and Consultants Pty Ltd (in liq) 2012] NSWSC 853 Category: Principal judgment Parties: Opes Prime Stockbroking Ltd (In Liq) (Scheme Administrators Appointed) (ACN 086 294 028) (First Plaintiff) Opes Prime Group Limited (In Liq) (Scheme Administrators Appointed) (ACN 120 372 223) (Second Plaintiff) Alun Peter Stevens (First Defendant) Peter Joseph Gillooly (Second Defendant) Representation: Counsel: J A Redwood with Ms N Zerial (Plaintiffs) PE Anastassiou QC with P Silver (First Defendant) Ms A Migliorino, Solicitor (Second Defendant) G McArthur QC (QBE Insurance (Australia) Pty Ltd ACN 003 191 035) Solicitors: King & Wood Mallesons (Plaintiffs) Norton Gledhill (First Defendant) K&L Gates LLP (Second Defendant) Wotton+Kearney (QBE Insurance (Australia) Pty Ltd ACN 003 191 035) File Number(s): 2013/323187 Publication restriction: Nil