KAI XIN PTY LTD t/as Kai Xin Family Trust v Shuliang Pty Ltd t/as Shuliang Family Trust [2021] NSWSC 904
The Court was satisfied that material changes in circumstances, including defendants’ non-compliance with court orders and withdrawal of legal representation, warranted variation of the security for costs order, reducing the security from $60,000 to $15,000 and ordering return of $45,000 to the plaintiff.
- Jurisdiction
- Australia
- Judgment Date
- 20 July 2021
- Procedural Posture
- Civil / Interlocutory Application to Vary Security for Costs Order
- Outcome
- Plaintiff's application granted in part; security for costs order varied; partial return of funds ordered.
- Legal Topics
- ['security for Costs' 'variation of Interlocutory Orders']
Case Brief
Summary, issues, holding and outcome
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Procedural Posture
Civil / Interlocutory Application to Vary Security for Costs Order
Legal Issues
- 1 ['Whether circumstances have sufficiently changed to warrant variation of the security for costs order']
Ratio Decidendi
The Court was satisfied that material changes in circumstances, including defendants’ non-compliance with court orders and withdrawal of legal representation, warranted variation of the security for costs order, reducing the security from $60,000 to $15,000 and ordering return of $45,000 to the plaintiff.
Court Disposition
Plaintiff's application granted in part; security for costs order varied; partial return of funds ordered.
Orders
- ["Order varying the 7 May 2020 order: reduce security for defendants' costs from $60,000 to $15,000." '$45,000 paid into court by the plaintiff to be paid out to the plaintiff.' "Defendants to pay costs of and incidental to plaintiff's notice of motion filed 9 June 2021." 'Plaintiff to file and serve any further...
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