18 Dec 2013

McCready ordered to pay costs

8:29 pm on 18 December 2013

Serial litigant Graeme McCready has been ordered to pay security for costs before the Court of Appeal will hear a legal challenge to his bankruptcy.

Mr McCready, who has taken cases against several high-profile people including ACT leader John Banks, was adjudicated bankrupt in October this year after he failed to pay a debt of more than $10,000.

He claims being bankrupted was a substantial miscarriage of justice.

The Court of Appeal's registrar ruled that he must pay $5880 in security for costs, but he asked that that be dispensed with, due in part to his inability to pay.

However, Justice Stevens has ruled that Mr McCready must pay the money, as the appeal does not raise issues of public importance and it is doubtful whether the case could be successful.