Gunasegaram v Blue Visions Management Pty Ltd [2017] NSWCA 187

Court of Appeal Supreme Court New South Wales Medium Neutral Citation: Gunasegaram v Blue Visions Management Pty Ltd [2017] NSWCA 187 Hearing dates: 24 July 2017 Decision date: 24 July 2017 Before: Leeming JA Decision: (1) Subject to order 3, stay the enforcement of the judgment in paragraph 7 and the orders in paragraphs 8, 9 and 13 of the Orders made on 10 May 2017 in NSW Supreme Court Proceeding 2014/192899, until 7 days after the final determination of the appeal in these proceedings or further order of this Court.

(2) Subject to order 3, stay the operation and effect of any garnishee order made in NSW Supreme Court Proceeding 2014/192899 in respect of payments to be made to the Respondent by each of: (a) Commonwealth Bank of Australia (garnishee order made on 31 May 2017): (b) Ernst & Young Services Pty Ltd (garnishee order made on 22 June 2017); and (c) Westpac Banking Corporation (garnishee order made on 22 June 2017).

(3) In the event that Mr Gunasegaram fails by Friday 25 August 2017 to pay $400,000 by way of security for the judgment debt (a) into Court or (b) into a controlled monies account to be held jointly by his solicitor and the solicitor for Blue Visions Management Pty Ltd or (c) provides such other form of security as to which Blue Visions Management Pty Ltd agrees in writing, then the stays effected by orders 1 and 2 above are automatically discharged.

(4) Note Mr Gunasegaram's undertaking to the Court to prosecute the appeal with reasonable expedition.

(5) Liberty to apply to a single Judge of Appeal on 2 days' notice.