Shun Sheng Pty Ltd v Lei (No 3) [2024] NSWSC 72

Supreme Court New South Wales

Medium Neutral Citation: Shun Sheng Pty Ltd v Lei (No 3) [2024] NSWSC 72 Hearing dates: 7 December 2023, 31 January 2024 Date of orders: 8 February 2024 Decision date: 08 February 2024 Jurisdiction: Equity - Expedition List Before: Parker J Decision: See [56]-[58] Catchwords: CIVIL PROCEDURE – asset preservation orders — continuation of order after judgment – prima facie case – claims rejected but subject to appeal not relevant – further accounting claims pursuant to judgment – risk of dissipation of assets – defendants are individuals resident in Australia – outcome of accounting proceedings unclear – order discharged Legislation Cited: Nil Cases Cited: Shun Sheng Pty Ltd v Lei [2023] NSWSC 1176 Shun Sheng Pty Ltd v Lei (No 2) [2023] NSWSC 1623 Jesasu Pty Ltd v Minister for Mineral Resources (1987) 11 NSWLR 110 Patterson v BTR Engineering (Aust) Ltd (1989) 18 NSWLR 319 Network Ten Pty Ltd v Rowe [2006] NSWCA 4 Texts Cited: Meagher, Gummow and Lehane's Equity: Doctrines and Remedies (4th ed, 2002, Butterworths LexisNexis) Meagher, Gummow and Lehane's Equity: Doctrines and Remedies (5th ed, 2015 LexisNexis) Category: Procedural rulings Parties: Notice of Motion filed 4 December 2023 Jun Lei (First Applicant) Theo Kitsos (Second Applicant) Alan Hayes (First Respondent) Xue Feng Wei (Second Respondent) Sunshine Island Pty Limited (Third Respondent) Representation: Counsel: M S White SC/ B R Adam (Applicants) D McGovern SC/ D Allen (Second and Third Respondents)