Visual Building Construction Pty Ltd v David Armistead [2019] NSWCA 92
In light of credible evidence indicating the appellant’s inability to pay costs and lack of sufficient reason otherwise, the interests of justice warranted an order for security for costs of $15,000, with appeal stayed until security provided.
- Jurisdiction
- Australia
- Judgment Date
- 29 April 2019
- Procedural Posture
- Appeal / Security for Costs Application in Court of Appeal
- Outcome
- Security for costs ordered; appeal stayed until provided; costs of application to respondent
- Legal Topics
- ['security for Costs' 'corporate Appellant' 'impecuniosity']
Case Brief
Summary, issues, holding and outcome
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Procedural Posture
Appeal / Security for Costs Application in Court of Appeal
Legal Issues
- 1 ['Whether security for costs should be ordered against a corporate appellant under s 1335 of the Corporations Act 2001 (Cth)' 'Whether appellant likely unable to pay costs of appeal if unsuccessful' 'Whether existence of home warranty insurance or claim for further payments justifies refusing security']
Ratio Decidendi
In light of credible evidence indicating the appellant’s inability to pay costs and lack of sufficient reason otherwise, the interests of justice warranted an order for security for costs of $15,000, with appeal stayed until security provided.
Court Disposition
Security for costs ordered; appeal stayed until provided; costs of application to respondent
Orders
- ['Appellant to provide security for respondents’ costs of and incidental to the appeal in the amount of $15,000, by court payment or unconditional bank guarantee acceptable to respondents.' 'Appeal proceedings stayed until security is provided.' 'Appellant to pay respondents’ costs of the security for costs...
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