China First Pty Ltd v Mount Isa Mines Ltd [2018] QSC 163
23-7-18 / Roger Traves KC, Stewart Webster KC — Commercial Equity, Contract, Land Law & Property
This case involved a consideration of whether companies holding equitable charges were necessary parties to an application for declarations about the lawfulness of removing equipment subject to the charges. Resolving that question turned on a consideration of whether the charge holders were directly affected by the orders which had been…
Kadam v MiiResorts Group 1 Pty Ltd (No 5) (2018) 129 ACSR 74; [2018] FCA 1086
20-7-18 / Shane Monks, Matthew Hickey OAM KC — Class Actions, Commercial Equity, Corporations, International, Land Law & Property
A class action and related proceeding by the Securities and Exchange Board of India, in which relief was sought on behalf of investors in a large "Ponzi" scheme operated in the Republic of India. The investors sought to trace their pooled funds from India, where they had been invested in…
Freezing orders and an ancillary order, requiring the provision of asset information in a 7 business day timeframe, had been made against Clive Palmer and a number of his companies, in proceedings concerning the liquidation of Queensland Nickel. At the time the orders were made, some of the respondents sought…
An interlocutory application for stand-alone ancillary orders, brought under the freezing orders provisions of the Uniform Civil Procedure Rules, in proceedings arising from the liquidation of Queensland Nickel Pty Ltd (in liq). Justice Bond dismissed the application. Matthew Hickey (led by Tom Sullivan QC) appeared for the successful respondents, instructed…
Special purpose liquidators appointed to Queensland Nickel Pty Ltd (in liq) obtained freezing orders against Clive Palmer and various of his companies, in proceedings arising from the failure of the Queensland Nickel refinery business. As against Mr Palmer, Justice Bond ordered assets to the value of $204,943,664.3 be frozen, and as…
