In the matter of Courtenay House Capital Trading Group Pty Ltd [2017] NSWSC 467

Supreme Court New South Wales

Medium Neutral Citation: In the matter of Courtenay House Capital Trading Group Pty Ltd [2017] NSWSC 467 Hearing dates: 21 April 2017 Decision date: 21 April 2017 Jurisdiction: Equity - Corporations List Before: Black J Decision: The Court makes interim asset preservation and travel restraint orders and restrains the Defendants from carrying on a financial services business until 1 May 2017. Catchwords: CORPORATIONS – Managed investments – where Plaintiff identifies potential unregistered management investment scheme and unlicensed financial services business – where Plaintiff applies ex parte for asset preservation and travel restraint orders and interim orders restraining the conduct of a financial services business – whether serious question to be tried – whether interim relief should be granted. Legislation Cited: - Corporations Act 2001 (Cth), Ch 7, ss 601ED, 911A, 1101B, 1323–1324 Category: Principal judgment Parties: Australian Securities and Investments Commission (Plaintiff) Courtenay House Capital Trading Group Pty Ltd (First Defendant) Courtenay House Pty Ltd (Second Defendant) Tony Iervasi aka Anthony Iervasi, Antonio Iervasi and Tony Ieruasi (Third Defendant) David Sipina (Fourth Defendant) Athan Papoulias (Fifth Defendant) Proactive Property Services Pty Ltd (Sixth Defendant) TheNowGroup.Com.Au Pty Ltd (Eighth Defendant) Representation: Counsel: D R Stack (Plaintiff)

Solicitors: Australian Securities and Investments Commission (Plaintiff) File Number(s): 2017/119478