Mortgage Acceptance v Aust Thoroughbred and Darvall No. SCGG 94/1480 Judgment No. 5167 Number of Pages 12 Practice Jurisdiction

Case

[1995] SASC 5167

18 July 1995

No judgment structure available for this case.

COURT IN THE SUPREME COURT OF SOUTH AUSTRALIA MATHESON J

CWDS
Practice - Jurisdiction - proceedings issued by lessor in Supreme Court of South Australia for debt against lessee and against guarantor - lessee not defending and in liquidation - application by guarantor who lives in New South Wales to transfer proceedings to New South Wales Supreme Court under Jurisdiction of Courts (Cross-Vesting) Act 1987 - review of authorities - Supreme Court of South Australia more appropriate court - application dismissed.

Bankinvest AG v Seabrook and Ors (1988) 90 ALR 407; Pegasus Leasing Ltd v Tieco International (Aust) Pty Ltd and Ors Unreported Jt 4044 delivered 14/7/1993; Pegasus Leasing Limited v Cardoroll Pty Ltd and Ors Unreported Jt 4325 delivered 9/12/1993 (available on SCALE), applied.

HRNG ADELAIDE, 7 July 1995 #DATE 18:7:1995 #ADD 11:9:1995

Counsel for plaintiff:     Mr G D Coppola

Solicitors for plaintiff:    Kelly and Co

Counsel for defendant Darvall:     Mr M A Frayne

Solicitors for defendant Darvall: Randle and Taylor

ORDER
Application dismissed.

JUDGE1 MATHESON J On or about 30 August, 1989 the plaintiff and the first defendant entered into an agreement described as "Master Lease Agreement - Livestock", ("the lease"). The purpose of the lease was to enable the first defendant to obtain shares in bloodstock. The second defendant signed the lease as an authorised officer of the first defendant. At the same time, he also signed a Deed of Guarantee and Indemnity ("the guarantee") guaranteeing the performance of the lease by the first defendant. Between August, 1989 and April, 1990 the first defendant took leases over certain thoroughbred horses.

2. On 20 September, 1994, the plaintiff issued proceedings in the Supreme Court of South Australia against both defendants. It alleges, inter alia, that they have "in breach of the Master Lease Agreement ... and the guarantee failed, refused and neglected to make payments of sums due and payable thereunder".

3. The first defendant has never appeared and is apparently in liquidation. The second defendant was served on 11 November, 1994. He failed to enter an appearance and the plaintiff entered judgment against him on 8 February, 1995. On 27 March the second defendant applied for the following orders:
    "1. That the judgment obtained by the plaintiff as against
    the second defendant on the 8th day of February 1995 be set
    aside.

2. That the proceedings as against the second defendant be
    transferred to the Supreme Court of New South Wales."

4. On 15 June Judge Kelly said, in the course of making orders:
    "1. This is an application by the 2nd defendant to set aside
    a judgment. His reason for not filing a defence was, on his
    affidavit material, that he believed through his solicitor
    that the plaintiff's solicitor had agreed to take no action
    without first advising that solicitor. Even were that so,
    and the plaintiff's solicitor denies it, Kelly and Co's
    letter of 7/12/94 makes it perfectly clear that the defence
    was required and constitutes the promised advice to the
    plaintiff's former solicitor, so if there were an
    undertaking as alleged, the plaintiff's solicitor has
    complied by sending the 7/12/94 letter. If the defendant is
    to be believed, it is his former solicitor's fault that the
    matter was not defended at the outset. There is clearly an
    inten(t) to defend. As to prejudice, an order for costs in
    favour of the plaintiff can make good any prejudice to the
    plaintiff. As to grounds of defence, whilst the defence's
    claim might seem prima facie a surprising one, that is,
    forgiveness of the debt, nevertheless I cannot but find on
    the affidavit material that the defendant demonstrates an
    arguable defence. Finally, it is clear, if the defendant be
    believed, that he took proper steps to instruct solicitors
    who, on his version, let him down. This is a factor to be
    taken into account. In the end, narrowly I consider the
    judgment should be set aside with all costs thrown away to
    date to be the plaintiffs and I certify fit for counsel.

2. As to the second order sought, I refer that question to
    the Chamber Judge for the purpose to arrange the necessary
    appointment through the Registrar."

5. The second defendant then filed a defence on 28 June alleging, inter alia, an estoppel. He claims that the plaintiff represented to him that the debt the subject of the action would not be pursued. He alleges that he acted to his detriment in reliance upon that representation. He admits the execution of the relevant documents as well as the first defendant's default. I have before me now the second defendant's application seeking an order that the proceedings be transferred to the Supreme Court of New South Wales pursuant to the Jurisdiction of Courts (Cross-vesting) Act, 1987. There are no proceedings on foot in New South Wales. The application is made pursuant to s5 of the Act, the relevant part of which reads:
    "(1) ...

(2) Where -
    (a) a proceeding (in this subsection referred to as the
    'relevant proceeding') is pending in the Supreme Court (in
    this subsection referred to as the 'first court');
    and
    (b) (i) and (ii) ...
    or
     (iii) it appears to the first court that it is otherwise
     in the interests of justice that the relevant proceeding
     be determined by the Supreme Court of another State or of
     a Territory,
    the first court shall transfer the relevant proceeding to
    that other Supreme Court."

6. At the time of the execution of the lease and the guarantee, the registered office of the plaintiff was in Sydney, but since June 1992 its registered office has been at Level 28, 91 King William Street, Adelaide. All the files and records of the plaintiff with respect to this matter are located at the plaintiff's offices at that address. In an affidavit sworn on 22 May, 1995, Glenn Phillip Wallace, a collection officer employed by the plaintiff, deposed inter alia:
    "5. All current officers required to give evidence on the
    part of the Plaintiff in this action are resident in South
    Australia.

6. The Plaintiff no longer maintains an office in Sydney and
    has not done so since about the end of 1991.

7. The Plaintiff proposes calling its former officers Paul
    Campbell and Girvan Roberts as witnesses in this matter and
    the Plaintiff will bear all the expense in bringing those
    witnesses to Adelaide if it is necessary for them to give
    evidence."

7. The second defendant on the other hand deposed in an affidavit sworn on 3 May, 1995, inter alia:
    "21. The Master Lease Agreement - Livestock, Requests made
    thereunder and Deed of Guarantee were all executed in New
    South Wales. Mortgage Acceptance Nominees Limited and
    Australian Thoroughbred Finance Pty Limited were both
    companies incorporated and registered in New South Wales.
    All transactions under the Master Lease Agreement related to
    livestock located in New South Wales. At the hearing of the
    matter I would intend calling as witnesses, Girvan Roberts
    and Paul Campbell who are both residents of New South Wales
    as is myself"

8. In an affidavit sworn on 6 July, 1995, the second defendant's Adelaide solicitor, Michael Randle, deposed:
    "1. I am the solicitor in South Australia for the second
    defendant.

2. On 6th July 1995 Mr Michael King solicitor in the Sydney
    firm of GH Healey and Co (who are instructing my firm in
    this matter) informed me that if this action were
    transferred to the Supreme Court of New South Wales it would
    go into the commercial division, be recognised as a short
    case and be likely to be heard within one year of the time
    of transfer.

3. I know the facts deposed to in this affidavit as a result
    of information supplied to me by Michael King which I
    believe to be true having no reason to doubt what he says."

9. I was referred to several clauses in the lease. Clause 7 reads:
    "7. GOVERNING LAW
    (a) This Master Lease and all of the leases shall be
    governed by and construed in accordance with the law for the
    time being enforced in New South Wales and the Lessee
    submits to the non-exclusive jurisdiction of the courts of
    New South Wales (including the High Court of Australia) in
    respect of all matters arising under this Master Lease and
    any of the leases.

(b) Notwithstanding the submission in Clause 7(a) hereof,
    the Lessor shall be entitled (but not obliged) to take
    proceedings against the Lessee in any other jurisdiction or
    jurisdictions necessary to enforce this Master Lease and/or
    any of the leases and the Lessee agrees to submit to the
    jurisdiction thereof and waives any objection to proceedings
    in any such jurisdiction on the grounds of venue or that the
    proceedings have been brought in an inconvenient forum."

10. Clause 5 of the First Schedule to the lease which sets out the actual terms of the lease states:
    "Payment

The Lessee will make all payments to the Lessor's office as
    set out above or as the Lessor may direct in writing."

11. Clause 17 of the First Schedule states, inter alia:
    "If an Event of Default occurs, the Lessor shall be entitled
    to:-
    (a) - (d) ...
    (e) commence proceedings in a court of law to enforce
    performance by the Lessee of the terms and conditions of the
    lease."

12. I was referred to the following clauses in the guarantee:
    "3. PAYMENT OF DEBT
    The Guarantor shall pay the Debt to the Financier in the
    manner and at the time specified in the Documents for
    payment and where not specified upon demand made by the
    Financier." (The "documents" are defined in the guarantee
    to mean and include "the Master Lease Agreement, all leases
    entered into pursuant to the Master Lease Agreement and all
    collateral securities".)

"10. MISCELLANEOUS
    (a) - (b) ...
    (c) This Deed shall be construed in accordance with the laws
    for the time being of the State of New South Wales and the
    Guarantor hereby submits to the jurisdiction of the Courts
    of that State.
    (d) - (g) ..."

13. I was referred to many of the cases on the legislation. Perhaps the leading case is Bankinvest AG v Seabrook and Ors (1988) 90 ALR 407. The facts were summarised in the headnote thus:
    "The plaintiff commenced proceedings in New South Wales
    seeking judgment against the defendants who were guarantors
    of money lent by the plaintiff. The defendants claimed that
    they were induced to enter the guarantees by fraudulent
    representations, conspiracy and breaches of fiduciary duty
    by certain promoters, and that the plaintiff had knowledge
    of the wrongful acts and breaches of duty of the promoters
    so as to make the guarantees unenforceable. The defendants
    also alleged that the plaintiff failed to comply with the
    provisions of the Money Lenders Act 1916 (Qld) with the
    result that the guarantees were void.

Several of the defendants and the promoters and companies
    related thereto were also engaged in litigation in
    Queensland. The defendants sought to have the proceedings
    transferred to Queensland pursuant to the provisions of the
    Jurisdiction of Courts (Cross-vesting) Act 1987 (NSW)."

14. The Court of Appeal unanimously ordered that the proceedings be transferred to the Supreme Court of Queensland. The principal judgment was delivered by Rogers AJA, and at p410, Street CJ said:
    "The reasons prepared by Rogers AJA will henceforth be
    definitive of the law and practice on this topic in this
    State." At p420, Rogers AJA said:
    "It is important that full effect be given by the courts to
    the imaginative and detailed code for ensuring that
    throughout Australia disputes are dealt with by the one
    court and that be the court most appropriate for the
    particular dispute. Consistently with the preservation of
    dual State and federal court systems and with State courts
    dispensing justice within the State boundaries, there has
    been a legislative recognition of the need to transcend
    State boundaries in appropriate cases. No longer is it
    appropriate to regard the court of another State as a
    'foreign' court.

One consequence is that the principles of forum non
    conveniens, applied in circumstances where the competition
    is between an Australian and a non-Australian court, have no
    role to play in the resolution of applications made under
    the legislation or in its interpretation. Legislation
    prescribes the criteria whereby such applications are to be
    determined. The criteria are rather more specific in some
    respects but in referring to the 'interests of justice',
    call for considerations of a more general kind than the
    judicially established rules of forum non conveniens." Then at p421, his Honour said:
    "Mr Nicholas submitted that consideration of the question
    whether an order for transfer should be made should follow
    two steps. First, there is a prima facie presumption that
    the court, the jurisdiction of which was properly invoked,
    should exercise it. The litigant invoking the jurisdiction
    had an entitlement and the court had a corresponding
    obligation to exercise jurisdiction. Secondly, there is an
    onus resting on the person moving to transfer to show some
    positive basis on which it could be contended that the
    entitlement of the other party to the exercise of
    jurisdiction should be displaced.

In my view, this approach should be firmly rejected. If
    accepted, it would entrench the concept of one Australian
    jurisdiction being 'foreign' to another. No allowance would
    be made for the fact that the Australian States are
    federation. Most relevantly, the purpose of the legislation
    would be lost. The cross-vesting legislation does not call
    for this approach. Indeed, it positively rejects it. The
    only lodestar that a judge may steer by is what do the
    interests of justice dictate should be done? It is inapt to
    speak in terms of onus. Bearing in mind that the court may
    make an order of its own motion, the language of onus being
    discharged is inapplicable." At p422, he said:
    "... the criteria laid down by Lord Goff of Chieveley, (in
    Spiliada Maritime Corp v Cansulex Ltd (1987) l AC 460) with
    the approval of the other members of the House, for the
    application of principles of forum non conveniens, broadly
    correspond to the criteria designated by the Act. The
    questions posed by Spiliada and the legislation are the
    same. What court is more appropriate and what court is
    pointed to by the interests of justice? This appears
    clearly from the following statement by Lord Goff (at 476):
    '... a stay will only be granted on the ground of forum non
    conveniens where the court is satisfied that there is some
    other available forum, having competent jurisdiction, WHICH
    IS THE APPROPRIATE FORUM for the trial of the action, ie in
    which the case may be tried MORE SUITABLY FOR THE interests
    of all the parties AND THE ENDS OF JUSTICE' (emphasis
    added).

I am not suggesting that the draftsman had the speech
    available when drafting the Act. However, quite obviously,
    both the House of Lords in Spiliada and the Parliaments
    enacting the cross-vesting legislation were responding to
    the same needs. In Spiliada, His Lordship gave
    consideration to the meaning to be ascribed to the word
    'conveniens' in the Latin tag. Lord Goff ... said (at 475):
    '... I cannot help thinking that it is wiser to avoid use
    of the word "convenience" and to refer rather, as Lord
    Dunedin did, to the APPROPRIATE FORUM' (emphasis added).

As Lord Goff said earlier, 'the question is not one of
    convenience but of the suitability or appropriateness of the
    relevant jurisdiction'. As the minority pointed out in
    Oceanic Sun Line (Special Shipping Co Inc v Fay (1988) 79
    ALR 9) (at 21): 'to focus the search on the appropriate
    forum supplies a broader frame of reference than a
    concentration on convenience and expense.'

In my opinion, initially, the search under the Act as in the
    English courts is for the 'natural forum'. As Deane J
    pointed out in Oceanic Sun Line (at 48), the term 'natural'
    in the context simply means 'more appropriate'.

Later Rogers AJA said at pp423-424: "In the present case,
    first and foremost, the law governing the guarantees is
    specified to be the law of Queensland. Clearly, in
    Australia the same difficulties do not arise as in the case
    of a truly foreign court where the applicable law is that of
    the other court. None the less, in the context of reopening
    a money lending transaction, local circumstances may play an
    important role. To that extent, at any rate, a Queensland
    court is better able to gauge the validity of the
    application for reopening and if the transaction is
    reopened, what relief should be granted. If there were some
    infringement of the provisions of the money lending
    legislation, the plaintiff may be expected to invoke the
    provisions of s4C of the Money Lenders Act and in
    determining whether or not relief should be granted, against
    the consequences of breach, once again, local circumstances
    will have an important role to play.

It is also of relevance to note that, but for the cross-vesting
    legislation, the jurisdiction of the Money Lenders
    Act could not have been exercised by a New South Wales
    court. Although this is one of the specific matters to be
    considered under s5(2)(b)(ii), as well, it must have a role
    to play under the provisions of the earlier sub-section.

Although neglected in argument, it should not be forgotten
    that an important aspect of the cross-claim is the claim of
    negligence against the Queensland solicitors. Once again,
    it seems to me that a determination whether or not a
    professional person has been negligent is much better gauged
    by a local tribunal more closely aware of local practice and
    the demands imposed on practitioners.

The wrongful acts charged have all been allegedly committed
    in Queensland and, in that sense, the connection between the
    proceedings and Queensland is exceedingly close. On the
    other side of the coin is the fact that the only connection
    that the proceedings have with New South Wales is that the
    plaintiff's office is located in this State.

In all that I have said, I have not so far adverted to the
    convenience of having the dispute determined in the Supreme
    Court of Queensland. That is a factor clearly thrown up for
    consideration and it comes down overwhelmingly in favour of
    a Queensland venue. Expense and inconvenience must be taken
    into account in determining which court is more appropriate.
    The charts, helpfully prepared by Mr Einstein, show that the
    preponderance of parties, witnesses and documents are
    located in Queensland. Of necessity, the cost of litigation
    will be lower if the venue is in Queensland than in New
    South Wales. Sheer convenience in the day-to-day conduct of
    the proceedings also dictates a Queensland venue." Finally at p425, his Honour said:
    "What then are the 'interests of justice' which the
    legislature considers should be taken into account in this
    process? To my mind, the relevant matters and
    considerations are essentially the same as were specified by
    the House of Lords in Spiliada. These considerations were
    criticised and held to be inapplicable, at least by
    Brennan J, in Oceanic Sun Line on the basis that they are
    too uncertain. Yet, in my opinion, they have already, in
    effect, been made applicable in Australian courts in
    relation to transfers between Supreme Courts by the various
    Australian Parliaments. As this jurisdiction comes to be
    exercised more frequently and the courts better acquainted
    with the discretion conferred (if not before), it may be


    that the perception in Oceanic Sun Line that the criteria
    are uncertain in content will undergo review.

Absent the presence of related proceedings or inter-State
    law, the inquiry directed by consideration of the 'interests
    of justice' encompass all the matters that determine which
    is the more appropriate forum that I have already discussed.
    The two considerations of 'more appropriate' and the 'ends'
    or 'interests' of justice are used in the same sense by Lord
    Goff in the passage I have already cited. I would be going
    over ground I have already covered if I were to discuss the
    contents of 'interests of justice' further. I should,
    however, mention that its presence and content call for a
    rejection of Mr Nicholas' submission that the principle of
    forum non conveniens continues to exist concurrently with
    the legislation. The former has been clearly subsumed by
    s5(2)(b)(iii).

In my opinion, the court should order that the proceedings
    be transferred to the Supreme Court of Queensland."

15. Other cases including two decisions of this Court. In Pegasus Leasing Ltd v Tieco International (Aust) Pty Ltd and Ors Unreported Jt No 4044 delivered 14 July, 1993, Debelle J said:
    "... the essential ground advanced in support of the
    application is the convenience of witnesses and the relative
    costs of hearing the action in Adelaide as compared with
    Melbourne. The accountants support the contentions of the
    defendants.

In answer the plaintiff contends that the claim it makes is
    relatively simple. Given that it is now common ground that
    the parties entered into the leasing agreements, the only
    issue remaining to be proved by them is the amount now due
    pursuant to those agreements, a relatively simple
    arithmetical task. The plaintiffs also refer to the fact
    that the defence did not initially contain any plea of a
    set-off. An attempt has now been made to plead an equitable
    set-off. But, says the plaintiff, it comes late in the day
    and is an obvious attempt to delay it in securing a
    judgment. The plaintiff refers also to the fact that the
    action was properly instituted in this Court. It asserts
    also that, if this action is transferred to Victoria, it
    will be necessary for it to incur the costs of taking three
    witnesses to Victoria. Thus, so far as the issues of
    convenience are concerned there is a slight preponderance in
    favour of the defendants. In the final analysis, however,
    wherever the action is heard witnesses will have to travel
    from one State to another.

The action in this Court is plainly related to the action in
    the Supreme Court of Victoria. In considering whether it is
    more appropriate that the action be determined in Victoria,
    I do not think that the defendants have any onus to
    discharge. Section 5(2) assumes both courts are appropriate
    but requires a determination which is the more appropriate.

While it might be said that the balance in terms of
    convenience and expense might tip slightly in favour of the
    convenience of the defendants, that is not the only relevant
    factor. In these days of quick and efficient transport and
    communication, arguments of convenience have less force than
    hitherto. Such arguments have even less force when the two
    courts are as proximate as Melbourne and Adelaide. When
    courts are determining cross-vesting applications, they will
    generally speaking aim to select the court which, in all the
    circumstances, most facilitates the course of the
    litigation: Seymour-Smith v Electricity Trust of South
Australia (1989) 17 NSWLR 648, 662. Factors relevant to
    that decision are the place where the parties reside or
    carry on business, the places where witnesses reside or
    carry on business, the place where other evidence is
    located, the desirability of avoiding unnecessary costs and
    the law governing the questions which fall for determination
    in the action. But the question whether one court is more
    appropriate than another does not depend merely on questions
    of comparative suitability and convenience. Regard must
    also be had to the interests of justice. Although the
    expression 'the interests of justice' does not appear in
    s.5(2)(b)(i), it would be curious, at the very least, if it
    were not a relevant factor. To conclude otherwise would be
    to conclude that the interests of justice are relevant in
    the case of the paragraphs (ii) and (iii) of s.5(1)(2)(b)
    but not in the case of paragraph (i). The proposition has
    only to be stated to be rejected.

The phrase 'the interests of justice' should be read widely.
    I respectfully adopt the observations of Wilcox J in Bourke
v State Bank of NSW (1988) 85 ALR 61 at 77 and 78:
    'Under that rubric, as it seems to me, the court is entitled
    to consider not only the ability of a particular court to
    deal with all aspects of a matter, and to make and to
    enforce all the orders to which a party may be entitled, but
    also adjectival matters such as the availability of
    particular evidence, the procedures to be adopted, the
    desirable venue for trial and the likely hearing date. It
    is not in `the interests of justice' to adopt a course, in
    relation to those matters, which places unnecessary burdens
    and delays upon the parties to the litigation ...

I take this to be a charter for the court to take the course
    which appears to it to be more just, interpreting that word
    widely. However, for an applicant's choice of forum to be
    overridden, there must be some objective factor which makes
    it possible to say that the interests of justice will be
    better served by transfer than by non-transfer. Where, as
    here, it is impossible to identify any such factor, the
    sub-paragraph has no application.'

I do not understand the latter part of His Honour's reasons
    to be suggesting that the party moving for a change of venue
    should bear any onus: cf Seymour-Smith v Electricity Trust
    of SA (supra) at 662. Instead His Honour is doing no more
    than stating that account must be taken of the prima facie
    right of a party who has regularly invoked the jurisdiction
    of a competent court to insist upon its exercise and have
    his claim heard and determined: Oceanic Sun Line Special
Shipping Co Inc v Fay (1988) 165 CLR 197 at 241.

It was not the purpose of the cross-vesting legislative
    scheme to derogate from the common law rules which would be
    relevant to the decision as to what is an appropriate court
    in those cases where there is no issue as to the
    jurisdictional limits of the court. The essential purpose
    of the scheme was to avoid difficulties arising from want of
    jurisdiction ...

It is well settled that the legislative scheme is not
    intended to be used as a means of forum shopping. Litigation
    should proceed in the court which, having regard to the
    broad interests of justice, is the most appropriate:
Bankinvest AG v Seabrook (1988) 2 NSWLR 711, 725; Jackson v
John Fairfax and Sons Ltd (1988) 96 FLR 145; Mullins
    Investments Pty Ltd v Elliott Exploration Co Pty Ltd (1990)
1 WAR 531.

There can be no suggestion of forum shopping on the part of
    the plaintiff. It has properly commenced an action in the
    court of the State in which it principally carries on
    business. The action is in respect of debts payable in South
    Australia pursuant to agreements to which the defendants are
    parties. The cause of action arose in South Australia. It
    is to be noted further that the agreements provide that the
    proper law of the contract is the law of South Australia.
    In every respect, the jurisdiction of this Court was
    properly invoked.

In the circumstances of this case, it is proper to have
    regard to the fact that the plaintiff instituted its action
    first. Whilst mere accidents of time are by no means
    decisive, the Court should, I think, be slow to deprive the
    plaintiff of an advantage it has secured by initiating
    litigation particularly where, as here, it appears that the
    only defence available to the defendants is that of an
    equitable set-off. I do not think the plaintiff should be
    deprived of its ability to be dux litis in this litigation,
    particularly given that all that it must prove to establish
    its claim is the balance due under the leasing agreements
    and where all that prevents it from entering judgment is the
    defendants' claim for an equitable set-off. The interests
    of justice require that it should be permitted to remain dux
    litis to ensure, so far as lies within its power, that the
    counterclaim is promptly prosecuted. I do not think the
    slight balance of convenience and expense claimed by the
    defendants is sufficient to displace the plaintiffs' prima
    facie right to proceed in this Court. Further, there is no
    respect in which it can properly be said that the interests
    of justice will be better served in the Supreme Court of
    Victoria than in this Court.

For these reasons, the defendants' application is refused."
    (My underlining.)

16. In Pegasus Leasing Limited v Cardoroll Pty Ltd and Ors Unreported Jt No 4325 (available on SCALE) delivered 9 December, 1993, Debelle J said:
    "In my view, what is significant is that the issues as
    between Pegasus and members of the syndicates and the
    guarantees are relatively straightforward and capable of
    prompt and ready prosecution. There is no plea that the
    defendants have rescinded or repudiated the loan agreements.
    The defendants will be able to set aside the agreements only
    if they are able to establish one or more of the statutory
    defences on which they rely. All that Pegasus has to do is
    to prove the loan agreements, which are in the main
    admitted, the amount owing, and the guarantees. In short,
    proof of the claim of Pegasus is capable of being relatively
    straightforward. The defences in each of the actions in the
    South Australian courts raise almost all of the issues which
    are raised as between Pegasus and the syndicate members in
    the Federal Court actions. The only issues not raised in the
    South Australian actions are the defences under the
    provisions of ss.169, 170 and 171 of the Companies (NSW)
    Code and under the Contracts Review Act, 1980 (NSW),
    defences which can be readily included in the actions in
    this Court by amendment. Although the actions in South
    Australia can be prosecuted without any undue delay, the
    actions in the Federal Court might be delayed by issues
    arising as between the syndicate members and the other four
    sets of parties in the Federal Court actions. Those actions
    have already been delayed by the applications to strike out
    the statements of claim. The fact that Pegasus also applied
    to strike out the statement of claim is not, I think,
    relevant. Further, if the actions are transferred, Pegasus
    will no longer be dux litis which could render it more
    vulnerable to delays caused by applications by the other
    parties in the Federal Court actions.

The application to transfer these actions is not grounded on
    any want of jurisdictions in this Court. Instead, it is
    grounded on what is said to be a greater convenience and
    lesser cost than having the action heard in Victoria. One
    can readily appreciate the inconvenience to each of the
    defendants in having to defend these actions in this State
    instead of in the Australian Capital Territory. However,
    apart from the question of the representations alleged to
    have been made to each of the defendants by Pegasus, the
    issues are the same in each action. It would appear also
    that there may be common issues as to the representations
    which Pegasus is alleged to have made. It may be that a
    decision in one of the actions will resolve a good number,
    if not all, of the remaining actions. I do not think that
    in these days of quick and efficient transport and
    communication, the arguments of inconvenience are sufficient
    to outweigh the interests of Pegasus being able promptly to
    prosecute its claims to judgment. I have also considered
    the likelihood that all of the issues between the parties
    are capable of being determined in the one action in the
    Federal Court and the advantages which might, therefore,
    accrue. However, given that there are five sets of
    respondents to those actions and the separate issues as
    between the applicants and respondents, it is likely that it
    will be some time before those actions will be heard and
    determined. By contrast, proof of the claim of Pegasus is
    likely to be relatively straightforward. I do not think
    Pegasus should be liable to the possible delays in the
    Federal Court actions to which I have referred and be denied
    the opportunity promptly to prosecute its actions to
    judgment in this Court.

Further, Pegasus has properly commenced these actions in the
    court of the State in which it principally carries on
    business. The action is in respect of debts payable in South
    Australia. The cause of action arose in South Australia.
    Pegasus has regularly invoked the jurisdiction of the courts
    of this State and there is no challenge to their
    jurisdiction to be able to determine all issues as between
    the parties. I do not think that there is a risk of
    inconsistent findings if the actions in this State proceed
    as well as the Federal Court action. The greater likelihood
    is that the Federal Court will be concerned only with the
    issues as between the members of the respective syndicates
    and the respondents other than Pegasus."

17. The plaintiff's task at the trial of the case at Bar would be simple and straightforward. The second defendant does not dispute the lease, or the guarantee, or the failure of the first defendant to pay. There is no argument about the construction of the guarantee, or any plea that the plaintiff has not complied with relevant legislation in New South Wales, (cf the Bankinvest case, supra). The first defendant will seek to rely on conversations he alleges he had with the plaintiff's former employees. Even the evidence for the defence is likely to be short. There is no counter-claim. True it is that the second defendant lives in New South Wales, and he may wish to call two New South Wales witnesses if the plaintiff does not. However, I agree with Debelle J that such considerations are not so important in these days of quick, efficient and frequent transport and communication. Discovery will be simple, and in any event all relevant documents would appear to be in South Australia. The plaintiff regularly invoked the jurisdiction of the Supreme Court of South Australia nearly ten months ago. Payments of moneys owing were to be paid in this State. No proceedings have been issued in New South Wales. The second defendant has South Australian solicitors who have been actively involved for some months. They have suggested that the proceedings would be heard in New South Wales within twelve months of their transfer. I am not in a position to say precisely how soon they would be heard here, but having regard to this Court's case flow management and what I know of the intervals between case readiness and hearing, I think I am entitled to take the view that the case will be heard here sooner than in New South Wales.

18. For all these reasons, I have concluded that this Court is the more appropriate Court and it would not be in the interests of justice to transfer the proceedings to the Supreme Court of New South Wales. The application is dismissed.