Aurora Australasia Pty Limited v Hunt Prosperity Pty Limited & Anor [2024] NSWSC 195

Supreme Court New South Wales

Medium Neutral Citation: Aurora Australasia Pty Limited v Hunt Prosperity Pty Limited & Anor [2024] NSWSC 195 Hearing dates: 5 & 6 February 2024 Date of orders: 4 March 2024 Decision date: 04 March 2024 Jurisdiction: Equity - Duty List Before: Slattery J Decision: Injunction continued. Costs reserved. Catchwords: EQUITY — Equitable remedies — Injunctions – interlocutory injunction – second defendant/cross claimant seeks the continuation of injunctive relief to restrain a trustee from making payment to a unitholder, the plaintiff/cross-defendant, upon a notice of redemption of units in a unit trust – the second defendant/cross claimant alleges that the plaintiff/cross-defendant granted security to the second defendant/cross claimant over the proceeds of the units being redeemed to secure the repayment of a debt due by the plaintiff/cross-defendant to the second defendant/cross claimant – whether there is a serious question to be tried – whether the injunctive relief originally granted to the second defendant/Cross claimant should be discharged on account of nondisclosure at the time of an ex parte application. Cases Cited: Australian Broadcasting Corporation v Lenah Game Meats Pty Ltd (2001) 208 CLR 199 Australian Broadcasting Corporation v O'Neill (2006) 227 CLR 57 Beecham Group Limited v Bristol Laboratories Pty Limited (1968) 118 CLR 618 Beese (Managers of Kimpton Church of England Primary School) v Woodhouse [1970] 1 All ER 769 Bennett v The Excelsior Land, Investment and Building Company Limited (1893) NSWR (Eq) 179 Cool-Off Pty Ltd (ABN 79 068 308 225) v Thomas Foods International Pty Limited ABN 52 008 178 121 [2023] NSWSC 1183 Francome v Mirror Group Newspapers Ltd [1984] 1 WLR 892 McCarty v Council of the Municipality of North Sydney (1918) 18 SR (NSW) 210 Pudney and Mongee Nominees Pty Limited v MAN GHH Logistics GMBH, Supreme Cpourt of Victoria, Appeal Division, (13 December 1993) per O'Bryan J, Waltons Stores (Interstate) Pty Limited v Maher (1988) 164 CLR 387 Texts Cited: JD Heydon, MJ Leeming and PG Turner, Meagher, Gummow & Lehane's Equity: Doctrines & Remedies (5th ed 2014, LexisNexis Butterworths) at [21–350] Category: Procedural rulings Parties: Plaintiff: Aurora Australasia Pty Limited First Defendant: Hunt Prosperity Pty Limited Second Defendant: AMHP Pty Limited Third Cross Defendant: Mr Driver Representation: Counsel: Cross Claimant/First Defendant: S.W. Drummond, Norton Rose Australia Cross Claimant/Second Defendant: J. Ireland KC Cross Defendant/Plaintiff: M. Elliott SC