Mark Silbermann v CGU Inusrance Limited; John Huyshe Greaves v CGU Insurance Limited; John David Rich v CGU Insurance Limited; One.Tel Limited (In Liq) v Rich & Ors

[2003] NSWSC 1127

Supreme Court of NSW

Built by Barristers,
For Australian Law.

1. [CONCURRENT HEARINGS] - Applications by CGU for concurrent hearings of civil proceedings with civil penalty proceedings in which there is some overlap of issues of fact and law - Amendment to pleadings removing allegations of offences under the Corporations Act relied upon as a material change to circumstances - [STAY APPLICATIONS] - Plaintiffs' applications to stay civil proceedings pending conclusion of civil penalty proceedings in which they are the defendants
1. Further application for stay of proceedings by some of the defendants in which the liquidator seeks remedies in relation to alleged bonus payments in the amount of $14 million. Court's approach - Application of guidelines in McMahon v Gould - Balancing of respective rights - Whether just and convenient to stay proceedings
1. Acts Cited:
1. Commercial Causes Act 1903 (NSW)