| IN THE SUPREME COURT OF VICTORIA | Not Restricted |
AT MELBOURNE
COMMERCIAL COURT
GROUP PROCEEDINGS LIST
S ECI 2025 00287
| SCOTT BYRNES | Plaintiff |
| v | |
| ORIGIN ENERGY LIMITED (ACN 000 051 696) | Defendant |
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JUDGE: | Waller J |
WHERE HELD: | Melbourne |
DATE OF HEARING: | 29 July 2025 |
DATE OF RULING: | 20 August 2025 |
CASE MAY BE CITED AS: | Byrnes v Origin Energy Ltd |
MEDIUM NEUTRAL CITATION: | [2025] VSC 504 |
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GROUP PROCEEDINGS — Costs — Application for a group costs order — Costs to be calculated as a percentage of the amount of any award or settlement recovered — Whether proposed rate of 35 per cent appropriate or necessary — Principles to be applied — GCO made at a rate of 30 per cent — Supreme Court Act 1986 (Vic) s 33ZDA.
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APPEARANCES: | Counsel | Solicitors |
| For the Plaintiff | Mr WAD Edwards KC with Ms R Howe | Phi Finney McDonald |
| For the Defendant | Ms J Findlay | Herbert Smith Freehills Kramer |
HIS HONOUR:
A. INTRODUCTION
This is an application for a group costs order in a group proceeding brought under Part 4A of the Supreme Court Act 1986 (Vic) (Act).
The representative plaintiff, Mr Scott Byrnes, brings his claim against Origin Energy Limited (ACN 000 051 696) (Origin), a large integrated energy company in Australia.
The group members in this proceeding are persons who acquired an interest in Origin shares or equity swaps between 20 October 2021 and 31 May 2022 (claim period).
The plaintiff alleges that Origin breached various statutory provisions by making misleading or deceptive representations and failed to comply with its continuous disclosure obligations as an Australian Stock Exchange-listed company in relation to the information Origin provided, or failed to provide, to investors during the claim period about its expected future earnings. The plaintiff claims that Origin’s share price was inflated by the alleged contraventions and that the plaintiff and group members suffered loss and damage as a result. The defendant disputes the plaintiff’s claims.
By summons filed on 17 June 2025, the plaintiff seeks a group costs order (GCO) pursuant to s 33ZDA(1) of the Act that the legal costs payable to the plaintiff’s solicitors, Phi Finney McDonald Pty Ltd (PFM), be calculated as 35% of the amount of any award or settlement that may be recovered in the proceeding.
In support of his application, the plaintiff relies on:
(a) the affidavit of Mr Byrnes affirmed on 10 June 2025 (Byrnes Affidavit);
(b) the affidavit of Mr Timothy Finney, a Director and Principal Lawyer of PFM, affirmed on 17 June 2025 (First Finney Affidavit);
(c) the affidavit of Mr Finney affirmed on 24 July 2025 (Second Finney Affidavit); and
(d) the plaintiff’s submissions in support of his application for a GCO filed on 15 July 2025 (Plaintiff’s Submissions).
The defendant neither consents to nor opposes the plaintiff’s GCO application, consistent with usual practice. The defendant initially opposed the plaintiff’s application that the…
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- AGLC
- Byrnes v Origin Energy Ltd [2025] VSC 504
- Case
- [2025] VSC 504
- Decision Date
CaseChat Overview and Summary
The court examined the relevant statutory provisions and case law to determine the appropriate percentage for the GCO. It considered the principles established in previous cases, which emphasised the need for a GCO to be fair and reasonable, and not to unduly burden the class members. The court also took into account the nature of the proceedings, which involved significant issues of public importance, and the resources required to bring the case to a successful conclusion. After careful consideration, the court found that a 30 per cent rate was more appropriate, given the specific circumstances of the case.
In light of the above, the court made a GCO at a rate of 30 per cent of any award or settlement recovered. This decision was based on a thorough analysis of the principles applicable to GCOs, the nature of the proceedings, and the resources required to bring the case to a successful conclusion. The court concluded that a 30 per cent rate was fair and reasonable, and would not unduly burden the class members. The decision provides valuable guidance for future cases involving GCOs, and underscores the importance of carefully considering the specific circumstances of each case when determining the appropriate rate for a GCO.
Orders
Orders of the court
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Background
Background to the litigation
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Evidence
Evidence Before The Court
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Decision
Reasons for decision
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Ratio Decidendi
Legal Principle Established
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