Lan v Kaymet Corporation Pty Ltd [2017] NSWCA 52

Court of Appeal Supreme Court New South Wales Medium Neutral Citation: Lan v Kaymet Corporation Pty Ltd [2017] NSWCA 52 Hearing dates: 9 March 2017 Decision date: 28 March 2017 Before: McColl JA at [1] Leeming JA at [2] Sackville AJA at [3] Decision: 1. Appeal be dismissed. 2. The appellants pay the respondents' costs of the appeal. Catchwords: EQUITY – usual undertaking as to damages – where, but for an injunction obtained by the appellants, the respondents 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 respondents' compensation falls to be reduced by the unrealised capital gain Legislation Cited: Civil Procedure Act 2005 (NSW), s 56 Supreme Court Act 1970 (NSW), s 101(2)(r)

Uniform Civil Procedure Rules 2005 (NSW), r 25.8 Cases Cited: Air Express Ltd v Ansett Transport Industries (Operations) Pty Ltd (1981) 146 CLR 249; [1981] HCA 75 Chen v State of New South Wales [2016] NSWCA 177 Churnin v Pilot Developments Pty Ltd [2007] NSWSC 1459 Churnin v Pilot Developments Pty Ltd [2008] NSWSC 831 European Bank Ltd v Evans (2010) 240 CLR 432; [2010] HCA 6 Griffith v Blake (1884) 27 Ch D 474 Hall v van der Poel [2009] NSWCA 436 Mansfield v Director of Public Prosecutions for Western Australia (2006) 226 CLR 486; [2006] HCA 38 NSW Arabian Horse Association Inc v Olympic Co-ordination Authority [2005] NSWCA 210 Qi Wang v Kaymet Corporation Pty Ltd [2016] NSWSC 742 Victorian Onion and Potato Growers' Association Ltd v Finnigan (No 2) [1922] VLR 819; 28 ALR 413 Wang v Kaymet Corporation Pty Ltd [2015] NSWSC 1459 Category: Principal judgment Parties: Qian Lan (Appellant 1) Jie Ma (Appellant 2) Xiaoyan Xi (Appellant 3) Bin Wang (Appellant 4) Xiaozheng Lao (Appellant 5) Siping Xia (Appellant 6) Jia Jia Ye (Appellant 7) Yanchong Wei (Appellant 8) Hai Xu (Appellant 9) Chao Lu Ye (Appellant 10) Liang Qiao (Appellant 11) Liu Qing Xu (Appellant 12) Junfeng Wang (Appellant 13) Lili Gu (Appellant 14) Weidong Li (Appellant 15) Wei Huang (Appellant 16) Can Zhao (Appellant 17) Helen Hoi Peng Fong (Appellant 18) Huey Ling Liew (Appellant 19) Jian Zhong Wu (Appellant 20) Yijie Wang (Appellant 21) Yu Di Xi (Appellant 22) Qian Li Yan (Appellant 23) Wen Shi (Appellant 24)