Qi Wang –v- Kaymet Corporation Pty Limited [2016] NSWSC 742

Supreme Court New South Wales

Medium Neutral Citation: Qi Wang –v- Kaymet Corporation Pty Limited [2016] NSWSC 742 Hearing dates: 30 May 2016 Decision date: 30 May 2016 Jurisdiction: Equity - Commercial List Before: Hammerschlag J Decision: The defendant entitled to compensation equating to its loss of rental, without deduction. Catchwords: EQUITY – usual undertaking as to damages – where, but for an injunction obtained by the plaintiffs, defendant would have earned rental from leasing out strata units – where unrealised capital value of the strata units increased during the period of the injunction by more than the lost rent – whether defendant's compensation falls to be reduced by the unrealised gain – HELD compensation not to be reduced. Legislation Cited: Uniform Civil Procedure Rules 2015 Cases Cited: Wang v Kaymet Corporation Pty Ltd [2015] NSWSC 1459 Churnin v Pilot Developments Pty Ltd [2007] NSWSC 1459 Churnin v Pilot Developments Pty Ltd [2008] NSWSC 831 Category: Principal judgment Parties: Qi Wang - First Plaintiff Jue Li - Second Plaintiff Xiaoyan Xi - Third Plaintiff Bin Wang - Fourth Plaintiff Xiaozheng Lao - Fifth Plaintiff Siping Xia - Sixth Plaintiff Meng Shi - Seventh Plaintiff Yijie Wang - Eighth Plaintiff Yu Di Xi - Ninth Plaintiff Qian Li Yan - Tenth Plaintiff Kai Jie Gu - Eleventh Plaintiff Li Ye - Twelfth Plaintiff Jia Jia Ye - Thirteenth Plaintiff Yanchong Wei - Fourteenth Plaintiff Zhen Jiang Li - Fifteenth Plaintiff Lisa Chan - Sixteenth Plaintiff Peter Ray - Seventeenth Plaintiff Hai Xu - Eighteenth Plaintiff Chao Lu Ye - Nineteenth Plaintiff Na Lu - Twentieth Plaintiff Liang Qiao - Twenty-first Plaintiff Jiannan Zhang - Twenty-second Plaintiff Jie Ma - Twenty-third Plaintiff Qian Lan - Twenty-fourth Plaintiff Ling Xu - Twenty-fifth Plaintiff Ahmed Nizamuddin - Twenty-sixth Plaintiff Alexander Lissaman - Twenty-seventh Plaintiff Yingqi Wang - Twenty-eighth Plaintiff Liu Qing Xu - Twenty-ninth Plaintiff Junfeng Wang - Thirtieth Plaintiff Wen Shi - Thirty-first Plaintiff Shaocong Zhou - Thirty-second Plaintiff Yibing Zhou - Thirty-third Plaintiff Boying Gu - Thirty-fourth Plaintiff Yonglan Shen - Thirty-fifth Plaintiff Lili Gu - Thirty-sixth Plaintiff Weidong Li - Thirty-seventh Plaintiff Wei Huang - Thirty-eighth Plaintiff Can Zhao - Thirty-ninth Plaintiff Helen Hoi Peng Fong - Fortieth Plaintiff Huey Ling Liew - Forty-first Plaintiff Jian Zhong Wu - Forty-second Plaintiff Tianjiao Liu - Forty-third Plaintiff