London City Equities Ltd v Penrice Soda Holdings Ltd (No 4)

Case [2013] FCA 64


FEDERAL COURT OF AUSTRALIA

London City Equities Ltd (No 4) v Penrice Soda Holdings Ltd [2013] FCA 64

Citation: London City Equities Ltd (No 4) v Penrice Soda Holdings Ltd [2013] FCA 64
Parties: LONDON CITY EQUITIES LTD v PENRICE SODA HOLDINGS LTD
File number: NSD 1841 of 2010
Judge: ROBERTSON J
Date of judgment: 6 February 2013
Catchwords: COSTS – whether plaintiff should pay the defendant’s costs of the interlocutory application
Legislation: Corporations Act 2001 (Cth) s 247A
Date of hearing: 6 February 2013
Place: Sydney
Division: GENERAL DIVISION
Category: Catchwords
Number of paragraphs: 4
Solicitor for the Plaintiff: Ms A Rose of Watson Mangioni Lawyers Pty Limited
Counsel for the Defendant: Mr EC Muston
Solicitor for the Defendant: Kelly & Co

IN THE FEDERAL COURT OF AUSTRALIA

NEW SOUTH WALES DISTRICT REGISTRY

GENERAL DIVISION

NSD 1841 of 2010

BETWEEN:

LONDON CITY EQUITIES LTD
Plaintiff

AND:

PENRICE SODA HOLDINGS LTD
Defendant

JUDGE:

ROBERTSON J

DATE OF ORDER:

6 FEBRUARY 2013

WHERE MADE:

SYDNEY

THE COURT ORDERS THAT:

1.Subject to Order 1 made on 12 December 2012, the defendant’s interlocutory application dated 30 November 2012 be otherwise dismissed.

2.The plaintiff pay the defendant’s costs of the defendant’s interlocutory application.

Note:Entry of orders is dealt with in Rule 39.32 of the Federal Court Rules 2011.


IN THE FEDERAL COURT OF AUSTRALIA

NEW SOUTH WALES DISTRICT REGISTRY

GENERAL DIVISION

NSD 1841 of 2010

BETWEEN:

LONDON CITY EQUITIES LTD
Plaintiff

AND:

PENRICE SODA HOLDINGS LTD
Defendant

JUDGE:

ROBERTSON J

DATE:

6 FEBRUARY 2013

PLACE:

SYDNEY

REASONS FOR JUDGMENT

  1. This is a matter in which I made orders on 12 December 2012 that in the circumstances that then arose, an affidavit be sworn by the plaintiff deposing to whether or not, in effect, the plaintiff had complied with orders previously made, which required the return of documents made available under orders made still earlier under s 247A of the Corporations Act 2001 (Cth).

  2. The matter in dispute between the parties this morning, that affidavit having been filed, is who should bear the costs of the defendant’s interlocutory application.  Since the defendant accepts the plaintiff’s affidavit as to the whereabouts of the documents, the appropriate order otherwise is that the interlocutory application be dismissed, that is, otherwise than in relation to the order I made on 12 December 2012.

  3. In my view, in the events that have happened, particularly the filing of the interlocutory application on 30 November 2012 and the correspondence that thereafter ensued, including the letter of 10 December 2012 from the defendant’s solicitors to the plaintiff’s solicitors, the appropriate order is that the plaintiff should pay the defendant’s costs of the interlocutory application.  The defendant was successful in the interlocutory application.  The interlocutory application was, in my view, reasonably filed, and an offer was made in the letter of 10 December 2012, which was, in substance, the same as the orders in fact made by me on 12 December 2012.

  4. The order I make disposing of the interlocutory application is that, subject to the orders of 12 December 2012, the defendant’s interlocutory application be otherwise dismissed, and the plaintiff pay the defendant’s costs.

I certify that the preceding four (4) numbered paragraphs are a true copy of the Reasons for Judgment herein of the Honourable Justice Robertson.

Associate:

Dated:        11 February 2013

Details
AGLC
London City Equities Ltd v Penrice Soda Holdings Ltd (No 4) [2013] FCA 64
Case
[2013] FCA 64
Decision Date

CaseChat Overview and Summary

In the matter of London City Equities Ltd (No 4) v Penrice Soda Holdings Ltd, the plaintiff, London City Equities Ltd, and the defendant, Penrice Soda Holdings Ltd, were in dispute regarding the costs of an interlocutory application. The application was filed by the defendant on 30 November 2012, in the Federal Court of Australia, New South Wales District Registry, General Division. Justice Robertson presided over the case, and the decision was delivered on 6 February 2013. The legal issue before the court was whether the plaintiff should bear the costs of the defendant’s interlocutory application, given that the defendant had been successful in the matter. The court considered the circumstances surrounding the interlocutory application and the events that followed, including the correspondence between the parties' solicitors.

The court examined the events leading up to the interlocutory application, including the orders made by the court on 12 December 2012, which required the plaintiff to file an affidavit deposing to whether or not they had complied with previous orders to return documents. The court found that the interlocutory application was reasonably filed and that an offer was made in the correspondence of 10 December 2012, which was essentially the same as the orders ultimately made by the court on 12 December 2012. The court was of the opinion that the plaintiff should bear the costs of the interlocutory application, given that the defendant had been successful.

Justice Robertson made the following orders: subject to the orders of 12 December 2012, the defendant’s interlocutory application was otherwise dismissed, and the plaintiff was ordered to pay the defendant's costs of the interlocutory application. The decision was based on the fact that the defendant had been successful in the matter, and the interlocutory application was reasonably filed. The court found that the correspondence between the parties' solicitors indicated that an offer had been made, which was essentially the same as the orders ultimately made by the court.

In summary, the Federal Court of Australia, New South Wales District Registry, General Division, presided over by Justice Robertson, determined that the plaintiff, London City Equities Ltd, should bear the costs of the defendant's interlocutory application in the matter of London City Equities Ltd (No 4) v Penrice Soda Holdings Ltd. The decision was based on the defendant's success in the matter and the fact that the interlocutory application was reasonably filed. The court's orders were made on 6 February 2013, and the plaintiff was ordered to pay the defendant's costs of the interlocutory application, subject to the orders of 12 December 2012.

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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