Alka Developments P/L v Lemery Holdings P/L [2005] NSWSC 1335

New South Wales Supreme Court

Alka Developments P/L v Lemery Holdings P/L [2005] NSWSC 1335 CITATION : This decision has been amended. Please see the end of the judgment for a list of the amendments.

HEARING DATE(S) : 7 October 2005

JUDGMENT DATE : 7 October 2005

JUDGMENT OF : Brereton J

CATCHWORDS : EQUITY - remedies - injunctions - Mareva injunctions - approach to grant of Mareva relief - whether prima facie cause of action - whether risk of dissipation - relevance of strength and quantum of potential prima facie claim - CONVEYANCING - Vendor and Purchaser - position of parties after completion - merger - whether damages may be claimed after completion for failure to convey unencumbered title.

Frigo v Culhaci (1998) NSWCA, 17 July 1998 Jackson v Sterling Industries (1987) 162 CLR 612 CASES CITED : Patrick Stevedores Operations No 2 Pty Ltd v Maritime Union of Australia (1998) 72 ALJR 873 Patterson v BTR Engineering Australia Limited (1989) 18 NSWLR 319

(5058/05) Alka Developments Pty Limited (plaintiff) Lemery Holdings Pty Limited (first defendant) VQ Realty Pty Limited (second defendant) PARTIES : (5036/05) Lemery Holdings Pty Limited (plaintiff) VQ Realty Pty Limited (first defendant) Alka Developments Pty Limited (second defendant)

FILE NUMBER(S) : SC 5058/05; 5036/05

A Ivantsoff (plaintiff, Alka) COUNSEL : T Hall (solicitor) (first defendant, Lemery)

Doherty Partners (plaintiff) SOLICITORS : Tzovaras Legal (first defendant) Delfino & Delfino (second defendant)