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Security for costs application preparation

Security for costs applications stop shell plaintiffs running cases with nothing at risk. This checklist walks through the preparation steps.

In short

This is a 12-step preparation checklist for a security for costs application in NSW. It covers threshold grounds, discretion, quantum, evidence and orders sought.

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12-step checklist

The checklist

1

Confirm a threshold ground exists

Corporate plaintiff unable to pay costs, overseas plaintiff, nominal plaintiff or change of address.

Corporations Act 2001 (Cth) s 1335; UCPR r 42.21
2

Gather evidence of inability to pay

ASIC searches, financial statements, court judgments and winding-up history.

3

Assess discretionary factors

Strength of claim, delay in bringing the application, impecuniosity caused by the defendant, public interest.

KP Cable Investments Pty Ltd v Meltglow Pty Ltd (1995) 56 FCR 189
4

Calculate the quantum

Prepare a costs schedule of estimated future costs on the party-party basis, stage by stage.

5

Identify the form of security

Cash into court, bank guarantee, payment into the trust account. Propose an acceptable form.

6

Draft the notice of motion

Draft a notice of motion seeking security, stay pending provision and costs.

Uniform Civil Procedure Rules 2005 (NSW) r 42.21
7

Draft supporting affidavit

Affidavit exhibiting the searches, financial material and costs schedule.

8

Draft written submissions

Submissions on threshold, discretion, quantum and form. Address likely objections.

9

Serve and file

Serve the motion, affidavit and submissions within the court timetable.

10

Prepare for cross-examination

Prepare for cross of the deponent — particularly on impecuniosity caused by the defendant.

11

Consider staged security

Staged security is common — propose a realistic staging tied to case milestones.

12

Manage default and stay

If security is ordered and not provided, apply for stay and then dismissal.

Uniform Civil Procedure Rules 2005 (NSW) r 42.21(3)
When to use

When this checklist applies

Use this checklist when considering or preparing a security for costs application. Raise the issue early — delay is a discretionary factor against the applicant.

Common pitfalls

  • Leaving the application until trial
  • Understating the quantum
  • Ignoring impecuniosity caused by the defendant
  • Accepting unenforceable forms of security
  • Not following up on default
Use with Quillio

Run this checklist on a real matter

Quillio drafts security for costs motions, affidavits and submissions in current NSW format. See /practice-areas/litigation-lawyers.

This checklist is a general guide. Adapt for Federal Court and class action security applications.

Use this checklist on your matter.

Quillio can run this checklist on a specific NSW conveyancing matter — confirm each item, calculate adjustments, and generate the supporting documents. The free trial requires no credit card.

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