CITATION: I-Achieve v Barton [2001] NSWSC 1003 CURRENT JURISDICTION: Equity Division
Commercial ListFILE NUMBER(S): SC 50107/01 HEARING DATE(S): 19.10.01 JUDGMENT DATE:
12 November 2001PARTIES :
I-Achieve Technology Limited -v- Barton Capital Securities Pty Ltd & Albert Yue-Ling WongJUDGMENT OF: Hunter J
COUNSEL : Applicant/Defendants: A McGrath
Respondent/Plaintiff: P BarhamSOLICITORS: Applicant/Defendants: Mallesons Stephen Jaques
Respondent/Plaintiff: Somerville & CoCATCHWORDS: Practice & procedure - application to strike out - abuse of process - re-litigation of issues by unsuccessful litigant in prior proceedings - no issue estoppel - principles upon which discretion exercised. LEGISLATION CITED: Foreign Acquisitions & Takeovers Act 1975 (Cth)
Trade Practices Act 1974 (Cth)
Fair Trading Act 1987 (NSW)CASES CITED: Rippon v Chilcotin [2001] NSWCA 142
State Bank of NSW v Stenhouse Ltd (1997) Aust Tort Rep 81-423
R v O'Halloran (2000) 36 ACSR 315
Haines v Australian Broadcasting Corporation (1995) 43 NSWLR 404
Reichel v Macgrath (1889) 14 App Cas 665
Walton v Gardiner (1993) 177 CLR 378
Sea Culture International Pty Ltd v Scoles (1991) 32 FCR 275
Coffey v Secretary Department of Social Security (1999) 86 FCR 434DECISION: Application dismissed with costs.
IN THE SUPREME COURT
OF NEW SOUTH WALES
EQUITY DIVISION
COMMERCIAL LIST
HUNTER J
MONDAY 12 NOVEMBER 2001
50107/01 I-ACHIEVE TECHNOLOGY LTD -V- BARTON CAPITAL SECURITIES
REASONS FOR JUDGMENT
1 This is an application by notice of motion for an order that the proceedings be dismissed pursuant to Pt 13 r 5(1)(c) of the Supreme Court Rules which provides as follows:
- “Where in any proceedings it appears to the Court that in relation to the proceedings generally or in relation to any claim for relief in the proceedings…
- (c) the proceedings are an abuse of the process of the Court,
- the Court may order that the proceedings be stayed or dismissed generally or in relation to any claim for relief in the proceedings.”
2 The proceedings brought by I-Achieve Technology Limited (I-Achieve) against Barton Capital Securities (Barton) and Albert Yue-Ling Wong (Wong) seek damages in the sum of approximately $3,400,000. There are no prior proceedings between the parties. It has not been submitted that the plaintiff’s contentions do not disclose good causes of action.
3 Having regard to the nature of the application, it is necessary I think to identify with some particularity the precise allegations relied upon by I-Achieve in these proceedings. The allegations are as follows:
(a) On 3 July 2000 I-Achieve acquired 19.9% of the issued shares of TV Satellite Group Ltd (Satellite) for $3,379,957.60 (the transaction).
(c) At the time of the transaction, Barton and Wong knew or ought to have known that Satellite was suffering from financial and management difficulties: that the top twenty shareholders had agreed that Satellite’s founding director had to be replaced and that if he didn’t leave they intended to “dump their stock”: that announcements from the Australian…(b) Barton, through its director Wong, acted as stockbroker for I-Achieve on the transaction pursuant to a retainer of 28 June 2000.
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- AGLC
- I-Achieve v Barton [2001] NSWSC 1003
- Case
- [2001] NSWSC 1003
- Decision Date
CaseChat Overview and Summary
The court identified the key legal issues as whether the respondent's proceeding was an abuse of process and whether it amounted to the re-litigation of issues that had already been decided against the respondent in prior proceedings. The court further considered whether the respondent was estopped from relitigating the issues and the principles that should guide the exercise of the court's discretion in such matters.
The court held that the respondent's proceeding was an abuse of process and amounted to the re-litigation of issues that had already been determined against the respondent in prior proceedings. The court found that there was no issue estoppel as the issues in the current proceeding were not identical to those in the prior proceeding. The court held that the principles guiding the exercise of discretion in such circumstances included the need to protect the court's process from abuse and to prevent the re-litigation of issues that had already been decided. The court exercised its discretion to strike out the proceeding on the grounds of abuse of process and re-litigation of issues.
The court ordered that the respondent's proceeding be struck out and that the respondent pay the applicant's costs of the application. The court also made no order as to costs for the proceeding as a whole.
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