Ripple Markets APAC Pte Ltd v EzyRemit Worldwide Pty Ltd No 2 - 2026 FCA 233 - 9 March 2026

Country
Year

2026

Summary

ARBITRATION - interlocutory application by judgment debtors to set aside a judgment enforcing a foreign arbitral award that was granted ex parte - where award debtors in default of filing evidence and submissions - where no basis for judgment to be set aside - where interlocutory application is to be dismissed - whether costs of interlocutory application should be ordered on an indemnity basis - where judgment debtors reasonably required further time to investigate any basis to set aside judgment granted ex parte - where interlocutory application necessarily filed to obtain such time - where making the application without proper grounds to set aside the judgment therefore not unreasonable or “groundless” in the relevant sense - indemnity costs refused - costs of proceeding assessed on a lump sum basis.

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