Press v iSam Securities (UK) Ltd

Press and iSam Securities (UK) Ltd were the parties involved in an application for leave to appeal to the Supreme Court of New South Wales. The dispute concerned interlocutory orders made by a lower court, specifically orders for preliminary discovery. The applicants sought leave to appeal these discovery orders.

The primary legal issue before the Court of Appeal was whether the applicants had demonstrated sufficient grounds to warrant leave to appeal the interlocutory discovery orders. This required the court to consider whether the applicants had identified a principle of general application, a question of public importance, or established that a substantial injustice would occur if leave were not granted.

Ward P and Griffiths AJA dismissed the application for leave to appeal. Their Honours found that the applicants had failed to satisfy the necessary criteria for granting leave to appeal interlocutory orders, which typically requires demonstrating a matter of broader significance or a significant risk of injustice. Consequently, the application was dismissed, and the applicants were ordered to pay the respondents' costs.