Wang & Anor v Cai & Ors [2022] NSWSC 1054

Supreme Court New South Wales

Medium Neutral Citation: Wang & Anor v Cai & Ors [2022] NSWSC 1054 Hearing dates: 7 July 2022 Date of orders: 4 August 2022 Decision date: 04 August 2022 Jurisdiction: Equity Before: Slattery J Decision: Freezing orders extended for seven days only. Catchwords: FREEZING ORDERS - through various corporate entities the first plaintiff enters various real estate joint ventures with the second defendant – plaintiff claims she was misled by the second defendant to invest in the joint ventures and claims Australian Consumer Law compensation and the setting aside of the joint venture agreements – the second defendant disposes of three properties after the commencement of the proceedings – the plaintiff obtained freezing orders ex parte – the plaintiff seeks to extend the freezing orders and the second defendant opposes their extension – whether the freezing orders should be extended. Legislation Cited: Australian Consumer Law Uniform Civil Procedure Rules, r 14(4)(b), r 25.11(1), r 25.12 Cases Cited: Patterson v BTR Engineering (Aust) Ltd (1989) 18 NSWLR 319 National Australia Bank Ltd v Bond Brewing Holdings Ltd [1990] HCA 10 Cardile v LED Builders Pty Ltd (1999) 198 CLR 380 Samimi v Seyedabadi [2013] NSWCA 279 Severstal Export GmbH v Bhushan Steel Ltd (2013) 84 NSWLR 141 Category: Consequential orders Parties: Plaintiffs: First Plaintiff: Xiaobo Wang Second Plaintiff: Haixin Australia Pty Ltd

Defendants: First Defendant: Wan Hao Cai Second Defendant: Yun Xia Fang Third Defendant: Solid Asset Manage Pty Ltd Fourth Defendant: Ozjian Trading Pty Ltd Fifth Defendant: Xiang Zhou Sixth Defendant: High 618 Pty Ltd Seventh Defendant: Urban Apartments Pty Ltd Eighth Defendant: Yi Guang Zhang Ninth Defendant: Adventure Continent Group Pty Ltd Representation: Counsel: Plaintiffs: W.G. Muddle SC Second and Fourth Defendants: D. Pritchard SC, A. Macauley