Longjing Pty Ltd v Perpetual Nominees Ltd [2017] NSWSC 1690

Supreme Court New South Wales

Medium Neutral Citation: Longjing Pty Ltd v Perpetual Nominees Ltd [2017] NSWSC 1690 Hearing dates: 3 November 2017; final written submissions received 23 November 2017 Date of orders: 08 December 2017 Decision date: 08 December 2017 Jurisdiction: Equity Before: Parker J Decision: Registrar's order for security for costs confirmed on review Catchwords: Civil Procedure – security for costs – corporate plaintiff – stifling of proceedings – solicitor acting on deferred payment basis – whether exception for solicitor creditor – whether solicitor standing behind proceedings – willingness to provide further funding – ability to provide further funding – onus – applicable discretionary principles Civil Procedure – review of decision of Registrar – further evidence filed – evidence not "fresh" – discretion Legislation Cited: Corporations Act 2001 (Cth), s 1335 Legal Profession Uniform Law (NSW), ss 180(2), 185(1) Uniform Civil Procedure Rules 2005 (NSW) ("UCPR"), r 42.21(1)(d) Cases Cited: Australian Equity Investors v Colliers International (NSW) Pty Ltd [2012] FCAFC 57 Ballard v Brookfield Australia Investments Ltd [2012] NSWCA 434 Bell Wholesale Co Pty Ltd v Gates Export Corporation (1984) 2 FCR 1; [1984] FCA 34 Firth v Centrelink (2002) 55 NSWLR 451; [2002] NSWSC 564 Green v CGU Insurance Ltd (2008) 67 ACSR 105; [2008] NSWCA 148 House v R (1936) 55 CLR 499; [1936] HCA 40 LRSM Enterprise Pty Ltd v Zurich Australian Insurance Ltd [2014] NSWCA 88 Madgwick v Kelly (2013) 212 FCR 1; [2013] FCAFC 61 Short v Crawley (No 45) [2013] NSWSC 1541 Tomko v Palasty (No 2) (2007) 71 NSWLR 61; [2007] NSWCA 369 Tyneside Property Management Pty Ltd v Hammersmith Management Pty Ltd [2013] NSWCA 404 Tyneside Property Management Pty Ltd v Hammersmith Management Pty Ltd (2014) 103 ACSR 201; [2014] NSWCA 417 Category: Procedural and other rulings Parties: Longjing Pty Ltd (Plaintiff) Perpetual Nominees Ltd (Defendant) Representation: Counsel: M Condon SC (Plaintiff) CN Bova (Defendant)