Belcastro v Gabriel Nakhl & Ors [2014] NSWSC 1305

Supreme Court New South Wales

Medium Neutral Citation: Belcastro v Gabriel Nakhl & Ors [2014] NSWSC 1305 Hearing dates: 11/07/2014 Decision date: 24 September 2014 Jurisdiction: Common Law Before: Campbell J Decision: See [53] Catchwords: PROCEDURE - civil - pleadings - adequacy of pleadings CORPORATIONS LAW - insolvency - leave to continue proceedings against companies in liquidation PROCEDURE - civil - joinder of defendants - joinder of insurers of defendant corporations Legislation Cited: Australian Securities and Investments Commission Act 2001 (Cth), s 12GF Competition and Consumer Act 2010 (Cth) Corporations Act 2001 (Cth), s 500, 562, 601AG Law Reform (Miscellaneous Provisions) Act 1946 (NSW), s 6 Uniform Civil Procedure Rules 2005 (NSW), rr 6, 14 Cases Cited: Anjin No 13 Pty Ltd v Allianz Australia Insurance Ltd (2009) 26 VR 148 Banque Commerciale SA En Liquidation v Akhil Holdings (1990) 169 CLR 279 Castlemaine Tooheys Limited v South Australia (1986) 161 CLR 148 Chubb Insurance Co of Australia Ltd v Moore [2013] NSWCA 212; 302 ALR 101 Correa v Wittingham [2003] NSWCA 263 Emanuele v Australian Securities Commission (1997) 188 CLR 114 Employers Reinsurance Corp v Ashmere Cove Pty Ltd [2008] FCAFC 28; 166 FCR 398 Gee v Burger [2009] NSWSC 149 Kirby v Sanderson Motors Pty Ltd (2001) 54 NSWLR 135; McGuirk v University of New South Wales [2009] NSWSC 1424 National Mutual Fire Insurance Co Limited v Commonwealth [1981] 1 NSWLR 400 Owners - Strata Plan 62658 v Mestrez Pty Ltd [2012] NSWSC 1259 Project Bluesky Inc. v Australian Broadcasting Authority [1998] HCA 28; 194 CLR 355 Swaby v Lift Capital Partners Pty Ltd [2009] FCA 749 Category: Interlocutory applications Parties: Vincent Paul Belcastro (First Plaintiff) Joanne Belcastro (Second Plaintiff Gabriel Nakhl (First Defendant) SydFa Pty Ltd (In Liq) (Second Defendant) Sydney Financial Advisors (In Liq) (Third Defendant) Australian Financial Services Ltd (In Liq) (Fourth Defendant) MJN Holdings Pty Ltd (Fifth Defendant) Maguy Bernadette Nakhl (Sixth Defendant) Richard Fong (Seventh Defendant) Representation: Counsel: M Ashhurst SC (Plaintiffs) S Donaldson SC with L Edwards (Proposed Ninth, Tenth, Eleventh and Twelfth Defendants) R Yezerski (Proposed Eighth, Thirteenth, Fourteenth, Fifteenth and Sixteenth Defendants) Solicitors: Emily Max Lawyers (Plaintiffs) Moray and Agnew (Proposed Ninth, Tenth, Eleventh and Twelfth Defendants) Norton Rose Fulbright (Proposed Eighth, Thirteenth, Fourteenth, Fifteenth and Sixteenth Defendants) File Number(s): 2013/371629