federal court proceedings asic/wcl discontinue

http://www.nsxa.com.au/ftp/news/021727157.PDF
Update - Federal Court Proceedings NSD 1004/2013 Discontinued
As announced on 11 June 2013, the Australian Securities and Investments Commission commenced legal
proceedings against Wellington Capital Limited and others in Federal Court Proceedings NSD 1004/2013.
The hearing was stood over until 9.30am, Friday 28 June 2013 to be heard before His Honour Justice
Jacobson.
Pursuant to rule 26.12 of the Federal Court Rules 2011 the proceedings were discontinued by consent and a
Notice of Discontinuance by ASIC was filed with the Court.
Today, the Federal Court made the following Orders:
‘THE COURT NOTES the undertakings to the Court and to the Plaintiff by the First Defendant in Annexure
A to these orders.
BY CONSENT, THE COURT ORDERS THAT:
1. Leave be granted to file the Plaintiff’s Notice of Discontinuance.
2. The proceedings be discontinued.
3. The First Defendant pay the Plaintiff’s costs of the proceedings.
4. There be no other order as to costs.’