CBX2 Pty Limited v National Australia Bank Limited [2016] NSWCA 79

Court of Appeal Supreme Court New South Wales Medium Neutral Citation: CBX2 Pty Limited v National Australia Bank Limited [2016] NSWCA 79 Hearing dates: 13 April 2016 Date of orders: 13 April 2016 Decision date: 18 April 2016 Before: Ward JA, Sackville AJA Decision: 1. Dismiss the application for leave to appeal. 2. The applicant to pay the respondent's costs of the application for leave to appeal. Catchwords: PRACTICE AND PROCEDURE – application for leave to appeal from single judge of Supreme Court reviewing decision of Associate Judge – application for security for costs - whether primary judge erred in disturbing the factual findings of Associate Judge –whether leave to appeal should be granted Legislation Cited: Anti-Money Laundering and Counter Terrorism Financing Act 2006 (Cth) Corporations Act 2001 (Cth), s 1335 Civil Procedure Act 2005 (NSW), ss 56-60 Supreme Court Act 1970 (NSW), ss 49, 54, 75A(5), (6), (7), 101(1)(a), 101(2), 104, 118(3) Supreme Court Rules 1970, Pt 60 r 17 Uniform Civil Procedure Rules 2005 (NSW), rr 42.21. 45.2. 49.8, 49.9 Cases Cited: Adam P Brown Male Fashions Pty Ltd v Philip Morris Inc [1981] HCA 39; 148 CLR 170 CBX2 Pty Limited v National Australia Bank [2015] NSWSC 1945 CBX2 Pty Limited v National Australia Bank (No 2) [2015] NSWSC 1969 CBX2 Pty Limited v National Australia Bank (No 3) [2015] NSWSC 1555 Do Carmo v Ford Excavations Pty Ltd [1981] 1 NSWLR 409 House v The King [1936] HCA 40; (1936) 55 CLR 499 In re the Will of FB Gilbert (deceased) (1946) 46 SR (NSW) 318 Jaycar Pty Ltd v Lombardo [2011] NSWCA 284 M J Sherrin Pty Ltd v Cunneed & Co Pty Ltd [1993] NSWCA 166 Royal Guardian Mortgage Management Pty Ltd v Nguyen [2012] NSWSC 769 Secure Funding Pty Ltd v Stark; Secure Funding Pty Ltd v Conway [2014] NSWCA 151 The Age Company Ltd v Liu [2013] NSWCA 26 Warren v Coombes [1979] HCA 9; 142 CLR 531 Category: Principal judgment Parties: CBX2 Pty Limited (Applicant) National Australia Bank Limited (Respondent Representation: Counsel: AJ McQuillen (Applicant) PD Reynolds (Respondent)