Classic Bet (NSW) Pty Ltd & anor v KRM (Vic) Pty Ltd & ors; Kay v KRM (Vic) Pty Ltd (No 2) [2020] NSWCA 43

Court of Appeal Supreme Court New South Wales Medium Neutral Citation: Classic Bet (NSW) Pty Ltd & anor v KRM (Vic) Pty Ltd & ors; Kay v KRM (Vic) Pty Ltd (No 2) [2020] NSWCA 43 Hearing dates: 13 March 2020 Date of orders: 13 March 2020 Decision date: 13 March 2020 Before: Payne JA Decision: See paragraphs [16]-[17] Catchwords: PRACTICE AND PROCEDURE – costs – security for costs – application for security for costs pursuant to s 1335(1) of the Corporations Act 2001 (Cth) – security sought against appellant company – concession that order for security should be made – determination of appropriate quantum of security Legislation Cited: Corporations Act 2001 (Cth), s 1335 Cases Cited: Bar-Mordecai v Rotman [2000] NSWCA 123 Classic Bet (NSW) Pty Ltd & anor v KRM (Vic) Pty Ltd & anor; Kay v KRM (Vic) Pty Ltd [2020] NSWCA 6 KRM (Victoria) Pty Ltd v Classic Bet Pty Ltd [2019] NSWSC 1773 Treloar v McMillan [2016] NSWCA 302 Category: Procedural and other rulings Parties: Proceedings 2020/12237 Classic Bet (NSW) Pty Ltd (First appellant) Best Bet (NSW) Pty Ltd (Second appellant) Ryan Kay (First respondent) Alexander Kay (Second respondent) KRM (VIC) Pty Ltd (Third respondent)

Proceedings 2020/6311 Ryan Kay (Appellant) KRM (VIC) Pty Ltd (Respondent) Representation: Counsel: Proceedings 2020/12237 E A Walker (First and second appellants) N Kabilafkas (First and second respondents) A Harding (Third respondent)