RinRim Pty Ltd v Deutsche Bank AG [2016] NSWSC 1390

RinRim Pty Ltd v Deutsche Bank AG [2016] NSWSC 1390

The Court deferred delivery of judgment as all parties supported an adjournment to pursue settlement, and there was public benefit in doing so, including the prospect of finality, cost savings, and the parties achieving their own commercial resolution.

Jurisdiction
Australia
Judgment Date
29 September 2016
Procedural Posture
Equity Commercial List / Judgment Deferred After Full Hearing
Outcome
Judgment delivery deferred and matter listed for judgment on 7 October 2016; liberty to restore granted.
Legal Topics
['deferral of Judgment' 'settlement Discussions' 'adjournment']
['practice and Procedure'] ['deferral of Judgment' 'settlement Discussions' 'adjournment']

Case Brief

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Procedural Posture

Equity Commercial List / Judgment Deferred After Full Hearing

Legal Issues

  1. 1 ['Whether delivery of judgment should be deferred to enable settlement discussions']

Ratio Decidendi

The Court deferred delivery of judgment as all parties supported an adjournment to pursue settlement, and there was public benefit in doing so, including the prospect of finality, cost savings, and the parties achieving their own commercial resolution.

Court Disposition

Judgment delivery deferred and matter listed for judgment on 7 October 2016; liberty to restore granted.

Orders

  • ['Matter listed for judgment on Friday, 7 October 2016 at 9.15am.' 'Liberty to restore on short notice.']