KPE Superannuation Fund Pty Limited v Two Tempe Holdings Pty Ltd; KPE Superannuation Fund Pty Limited v QRM Holdings Pty Ltd [2022] NSWSC 1708

Supreme Court New South Wales

Medium Neutral Citation: KPE Superannuation Fund Pty Limited v Two Tempe Holdings Pty Ltd; KPE Superannuation Fund Pty Limited v QRM Holdings Pty Ltd [2022] NSWSC 1708 Hearing dates: 8–9 December 2022 Date of orders: 14 December 2022 Decision date: 14 December 2022 Jurisdiction: Equity - Real Property List Before: Richmond J Decision: Orders made pursuant to s 74MA of the Real Property Act 1900 (NSW) that the plaintiff withdraw two caveats. Catchwords: LAND LAW — caveats — removal of caveat — removal by order of court — whether serious question to be tried — whether the balance of convenience is in favour of the caveats being maintained — where alternative security has been offered Legislation Cited: Real Property Act 1900 (NSW) s 74MA Uniform Civil Procedure Rules 2005 (NSW) Cases Cited: Abraham v Abraham [2012] NSWSC 254 Australian Property & Management Pty Ltd v Devefi Pty Ltd (1997) 7 BPR 15,255 Barlin Investments Ltd v Westpac Banking Corporation [2012] NSWSC 699; 16 BPR 30,671 Biseja Pty Ltd v NSI Group Pty Ltd [2006] NSWSC 1331 Boensch v Pascoe (2019) 268 CLR 593; [2019] HCA 49 Buchanan v Crown & Gleeson Business Finance Pty Ltd [2006] NSWSC 1465; 13 BPR 24,513 Capgemeni US LLC v Case [2004] NSWSC 674 Depsun Pty Ltd v Tahore Holdings Pty Ltd (1990) 5 BPR 11,314 Double Bay Newspapers Pty Ltd v AW Holdings Pty Ltd (1996) 42 NSWLR 409 Hanson Constructions Materials Pty Ltd v Roberts (2016) 93 NSWLR 1; [2016] NSWCA 240 IWC Industries Pty Ltd v Sergienko [2021] NSWCA 292; 20 BPR 41,785 KPE Superannuation Fund Pty Ltd v Two Tempe Holdings Pty Ltd [2022] NSWSC 1614 Marinkovic v Pat McGrath Engineering Pty Ltd (2004) 61 NSWLR 150; [2004] NSWSC 571 Port of Melbourne Authority v Anshun Pty Ltd (1981) 147 CLR 589; [1981] HCA 45 Re Nymboida River Pty Ltd (in liq); ex parte Nimdale Pty Ltd (unreported, Supreme Court of Queensland, Ambrose J, 30 September 1988). Renascent Interiors and Refurbishers Pty Ltd v ASEL Property Group Pty Ltd [2002] NSWSC 345; 10 BPR 97,956 Sydney Attractions Group Pty Ltd v Schulman (No 4) [2013] NSWSC 1728 XCEL Rural Properties Pty Ltd v South Creek Dairy Pty Ltd [2002] NSWSC 139; 10 BPR 19,607 Texts Cited: B Edgeworth, Butt's Land Law (7th ed, 2017, Law Book Co) Category: Principal judgment Parties: Proceedings 2020/355192 KPE Superannuation Fund Pty Limited as trustee for the Ellems Superannuation Fund (Plaintiff) Two Tempe Holdings Pty Ltd as trustee for the Two Tempe Unit Trust (First Defendant) Simon Quinn (Second Defendant) AFSH Nominees Pty Ltd (Third Defendant)