Doppstadt Australia Pty Ltd v Lovick & Son Developments Pty Ltd [2013] NSWCA 133
The affidavit evidence demonstrates likely financial capacity of one applicant (Mr Davis), combined with undertakings to preserve and disclose financial information, such that a continuation of the stay is warranted pending appeal.
- Jurisdiction
- Australia
- Judgment Date
- 21 May 2013
- Procedural Posture
- Appeal / Application to Re Open and Interim Orders Pending Appeal
- Outcome
- Orders of 9 May 2013 set aside. Stay continued pending appeal upon undertaking. Applicants directed to provide property valuations, and respondents to pay costs of the stay application.
- Legal Topics
- ['stay of Judgment' 'money Judgment' 'interlocutory Injunctions']
Case Brief
Summary, issues, holding and outcome
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Procedural Posture
Appeal / Application to Re Open and Interim Orders Pending Appeal
Legal Issues
- 1 ['Whether a stay of a money judgment pending appeal should be granted after reconsideration of evidence' 'Whether applicants demonstrated sufficient financial capacity to justify a stay']
Ratio Decidendi
The affidavit evidence demonstrates likely financial capacity of one applicant (Mr Davis), combined with undertakings to preserve and disclose financial information, such that a continuation of the stay is warranted pending appeal.
Court Disposition
Orders of 9 May 2013 set aside. Stay continued pending appeal upon undertaking. Applicants directed to provide property valuations, and respondents to pay costs of the stay application.
Orders
- ['Set aside the orders made on 9 May 2013.' 'Continue the stay orders made on 10 May 2013 until determination of the appeal or earlier order, upon undertaking by Raymond John Davis and Sue Davis.' 'Direct that Raymond John Davis and Sue Davis provide market valuation and debt details for their properties within four...
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