Winau Aust Pty Ltd v LCC Property Development Pty Ltd [2022] NSWSC 1258

Supreme Court New South Wales

Medium Neutral Citation: Winau Aust Pty Ltd v LCC Property Development Pty Ltd [2022] NSWSC 1258 Hearing dates: 17 June 2022 Date of orders: 16 September 2022 Decision date: 21 September 2022 Jurisdiction: Equity Before: Richmond J Decision: Notice of Motion dismissed with costs. Catchwords: CORPORATIONS — receivers, controllers and managers — vicarious performance of loan facility — assignment of debt and associated securities — whether receiver and manager validly appointed — application to strike out appearance and defence where receiver and manager has instructed solicitor for the first defendant Legislation Cited: Conveyancing Act 1919 (NSW) s 12 Cases Cited: Barclay v Gooch (1797) 2 Esp. 571; 170 ER 459 Bateman v Hunt [1904] 2 KB 530 Bonette v Woolworths Ltd (1937) 37 SR (NSW) 142 Carpenter v Buller (1841) 8 M & W 209 Davies v Collins [1945] 1 All ER 247 Federal Commissioner of Taxation v Sara Lee Household & Body Care (Australia) Pty Ltd (2000) 201 CLR 520; [2000] HCA 35 Federal Commissioner of Taxation v Steeves Agnew and Co (Victoria) Pty Ltd (1951) 82 CLR 408; [1951] HCA 26 Greer v Kettle [1938] AC 156 Johnson v Royal Mail Steam Packet Co (1867) LR 3 CP 38 Labracon Pty Ltd v Cuturich [2013] NSWSC 97; 17 BPR 32,497 Lauvan Pty Ltd v Bega [2018] NSWSC 154; 330 FLR 1 North v Brown [2012] EWCA Civ 223 Re Application of Keith Bray Pty Ltd (1991) 23 NSWLR 430 Re Harmony and Montague Tin and Copper Mining Company (1873) LR 8 Ch App 407 Wilson v Cox [1925] VLR 586; 31 ALR 436 Texts Cited: K R Handley, Estoppel by Conduct and Election (2nd ed, 2016, Sweet & Maxwell) Category: Procedural rulings Parties: Winau Aust Pty Ltd (First Plaintiff) Shunjiyuan Investments Pty Ltd (Second Plaintiff) Junde Hong (Fourth Plaintiff) LCC Property Development Pty Ltd (First Defendant) Representation: Counsel: Mr Q Rares (First, Second and Fourth Plaintiffs) Mr N Li (First Defendant)