ASIC v Rich [2007] NSWSC 39
Given the extraordinary size and complexity of the case, and after balancing fairness to all parties and the effective conduct of the matter, extensions of time for both sides are warranted, but oral submissions will be strictly limited once written submissions are complete.
- Parties
- Plaintiff: Australian Securities and Investments Commission; Defendant: John David Rich; Defendant: Mark Alan Silbermann
- Jurisdiction
- Australia
- Judgment Date
- 06 February 2007
- Procedural Posture
- Equity Proceeding / Interlocutory Application for Extension of Time
- Outcome
- Applications for extension of time granted to both parties.
- Legal Topics
- Extension of Time, Lodgment of Written Submissions
Case Brief
Summary, issues, holding and outcome
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Parties
Australian Securities and Investments Commission
Plaintiff
John David Rich
Defendant
Mark Alan Silbermann
Defendant
Procedural Posture
Equity Proceeding / Interlocutory Application for Extension of Time
Legal Issues
- 1 Whether to grant the defendants an extension of time to lodge written submissions
- 2 Whether to grant the plaintiff an extension of time for submissions in reply
Ratio Decidendi
Given the extraordinary size and complexity of the case, and after balancing fairness to all parties and the effective conduct of the matter, extensions of time for both sides are warranted, but oral submissions will be strictly limited once written submissions are complete.
Court Disposition
Applications for extension of time granted to both parties.
Orders
- Time for lodging defendants' written submissions extended by four weeks, with final volume to be lodged by 26 February 2007.
- Defendants given leave nunc pro tunc to provide volume 9 on 2 February 2007.
Full Case Text
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