Gang Xu v Oil Funds Management Pty Limited ACN 640 360 247 [2022] NSWSC 1790
The application to increase the amount allowed for legal expenses under the freezing order is premature and should not be granted until the defendants are able to inform the Court of the nature of their defence.
- Jurisdiction
- Australia
- Judgment Date
- 22 December 2022
- Procedural Posture
- Notice of Motion Seeking Variation of Freezing Orders / Interlocutory Hearing
- Outcome
- Application stood over; costs order made
- Legal Topics
- ['freezing Orders' 'variation Application' 'legal Expenses']
Case Brief
Summary, issues, holding and outcome
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Procedural Posture
Notice of Motion Seeking Variation of Freezing Orders / Interlocutory Hearing
Legal Issues
- 1 ["Whether the freezing order should be varied to permit an increase in the amount available for defendants' reasonable legal expenses"]
Ratio Decidendi
The application to increase the amount allowed for legal expenses under the freezing order is premature and should not be granted until the defendants are able to inform the Court of the nature of their defence.
Court Disposition
Application stood over; costs order made
Orders
- ['Stand the motion over before Cavanagh J to 10am on 1 February 2023.' 'Vacate the directions hearing before the Registrar on 6 February 2023.' 'Orders for the future conduct of the matter to be made on 1 February 2023.' "First and second defendants to pay the plaintiff's costs of today's proceedings."]
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