Morony v Reschke & Ors [2011] NSWSC 1139
The interests of justice did not favour transfer because the competing factors were finely balanced, but the likely number of witnesses from New South Wales or the Australian Capital Territory, the relevance of evidence from the Sydney-based current responsible entity and other Sydney sources, the limited significance of document location, and the presence in Sydney of a director of the fifth defendant associated with the defendants' solicitors meant the matter should proceed in the Supreme Court of New South Wales.
- Jurisdiction
- Australia
- Judgment Date
- 30 August 2011
- Procedural Posture
- Corporations Proceeding Concerning Transfer of Proceedings / Interlocutory Application by Defendants for Transfer to the Supreme Court of South Australia
- Outcome
- Defendants' notice of motion filed 17 May 2011 dismissed; proceedings to remain in the Supreme Court of New South Wales.
- Legal Topics
- ['transfer of Proceedings' 'managed Investment Scheme' 'interests of Justice' 'appropriate Forum' 'misleading or Deceptive Conduct' 'unconscionable Conduct']
Case Brief
Summary, issues, holding and outcome
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Procedural Posture
Corporations Proceeding Concerning Transfer of Proceedings / Interlocutory Application by Defendants for Transfer to the Supreme Court of South Australia
Legal Issues
- 1 ['Whether, having regard to the interests of justice, it was more appropriate for the proceeding to be determined in the Supreme Court of South Australia or in the Supreme Court of New South Wales.' 'Whether factors including the location of parties, witnesses, documents, experts, applicable law and hardship favoured transfer under s 1337H of the Corporations Act 2001 (Cth).']
Ratio Decidendi
The interests of justice did not favour transfer because the competing factors were finely balanced, but the likely number of witnesses from New South Wales or the Australian Capital Territory, the relevance of evidence from the Sydney-based current responsible entity and other Sydney sources, the limited significance of document location, and the presence in Sydney of a director of the fifth defendant associated with the defendants' solicitors meant the matter should proceed in the Supreme Court of New South Wales.
Court Disposition
Defendants' notice of motion filed 17 May 2011 dismissed; proceedings to remain in the Supreme Court of New South Wales.
Orders
- ["Defendant's notice of motion filed 17 May 2011 dismissed." "Costs of the defendant's notice of motion will be the plaintiff's costs in the proceedings." 'The proceedings are adjourned to Monday, 12 September 2011 at 10.00am before the Corporations List Judge.']
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