In the matter of Optimisation Australia Pty Ltd (Costs) [2018] NSWSC 280

Supreme Court New South Wales

Medium Neutral Citation: In the matter of Optimisation Australia Pty Ltd (Costs) [2018] NSWSC 280 Hearing dates: 6 March 2018 Date of orders: 07 March 2018 Decision date: 07 March 2018 Jurisdiction: Equity - Corporations List Before: Brereton J Decision: See para [41] Catchwords: CORPORATIONS – members remedies – oppression – compulsory share purchase order – price – whether price should bear interest from date when member excluded and valuation struck – where dividend paid in the meantime – held, interest should be allowed, but credit given against it for dividend

COSTS – apportionment – interest on costs – gross sum costs Legislation Cited: (CTH) Corporations Act 2001, ss 233, 1317H (NSW) Civil Procedure Act 2005, s 100, s 101, Sch 6 cl 21 (NSW) Courts and Other Justice Portfolio Legislation Amendment Act 2015 (NSW) Uniform Civil Procedure Rules, r 42.1 Cases Cited: Chaina v Presbyterian Church (NSW) Property Trust (No 26) [2014] NSWSC 1009 Commercial Indemnity Pty Limited, In the matter of [2016] NSWSC 1125 Cretazzo v Lombardi (1975) 13 SASR 4 Cross v Queensland Newspapers Pty Ltd (No 2) [2008] NSWCA 120 Dodds Family Investments Pty Ltd v Lane Industries Pty Ltd (1993) 26 IPR 261 Elite Protective Personnel Pty Ltd v Salmon (No 2) [2007] NSWCA 373 Hancock v Rinehart (Lump sum costs) [2015] NSWSC 1640 Hawes v Dean [2014] NSWCA 380 Hawkesbury District Health Service Ltd v Chaker (No 2) [2011] NSWCA 30 Hughes v Western Australia Cricket Assn (Inc) (1986) ATPR 40–748 Idoport Pty Ltd v NAB [2005] NSWSC 1273 James v Surf Road Nominees Pty Ltd (No 2) [2005] NSWCA 296 Jelbarts Pty Ltd v McDonald [1919] VLR 478 Mobile Innovations Ltd v Vodafone Pacific Ltd [2003] NSWSC 423 Monie v Commonwealth of Australia (No 2) [2008] NSWCA 15 NRMA Ltd v Morgan (No 3) [1999] NSWSC 768 Optimisation Australia Pty Limited, In the matter of [2018] NSWSC 31 Oshlack v Richmond River Council (1998) 193 CLR 72 Poulos v Eberstaller (No 2) [2014] NSWSC 235 Roads and Traffic Authority (NSW) v McGregor (No 2) [2005] NSWCA 453 Sydney Ferries v Morton (No 2) [2010] NSWCA 238 Tarabay v Leite [2008] NSWCA 259 Tomanovic v Global Mortgage Equity Corporation Pty Ltd (No 2) (2011) 288 ALR 385; [2011] NSWCA 256 Trade Practices Commission v Nicholas Enterprises Pty Ltd (No 3) (1979) 28 ALR 201 Waterman v Gerling (Costs) [2005] NSWSC 1111 Waters v PC Henderson (Australia) Pty Ltd (1994) 254 ALR 328 Williams v Stanley Jones & Co Ltd [1926] 2 KB 37 Category: Costs Parties: Brian Kearney (P) Optimisation Australia Pty Limited (D1) Gary Williams (D2) Susan Williams (D3) Sharmark Pty Limited (D4) Orchard Office Services Pty Limited (D5) Representation: Counsel: B. Kearney (in person) (P) M. P. Cleary (Ds)