Australian Securities & Investments Commission v Kyriackou [2008] FCA 1860

Australian Securities & Investments Commission v Kyriackou [2008] FCA 1860

Where an action is discontinued, the court should not permit a trial solely to decide costs; accordingly, the notice to produce is set aside and ASIC is not required to comply.

Jurisdiction
Australia
Judgment Date
09 December 2008
Procedural Posture
Civil / Interlocutory Application on Costs/discontinuance; Reasons for Judgment
Outcome
Notice to produce dated 20 October 2008 set aside. First and third to seventh defendants to pay ASIC's costs of the application.
Legal Topics
['notice to Produce' 'discontinuance' 'costs' 'trial on Costs' 'discretion to Set Aside Notice']

Case Brief

Summary, issues, holding and outcome

More case intelligence is available

Unlock the full research layer for this judgment.

Full judgment text Downloadable case file Legal principles 1 Authorities cited 2 Party arguments 2 Amounts and remedies 1
Sign in to unlock

Procedural Posture

Civil / Interlocutory Application on Costs/discontinuance; Reasons for Judgment

  1. 1 ['Whether a party is entitled to conduct a trial solely for the purpose of achieving a favourable costs order after discontinuance; whether a notice to produce documents for a hypothetical trial on costs should be set aside.']

Ratio Decidendi

Where an action is discontinued, the court should not permit a trial solely to decide costs; accordingly, the notice to produce is set aside and ASIC is not required to comply.

Court Disposition

Notice to produce dated 20 October 2008 set aside. First and third to seventh defendants to pay ASIC's costs of the application.

Orders

  • ['The notice to produce dated 20 October 2008 be set aside.' "The first and third to seventh defendants pay the plaintiff's costs of this application."]