28 Feb 2013
KENT & ORS V GLENN & ORS HC AK CIV-2013-404-779
- Citation
- openlaw-4b5d8782_a9e3_4507_8dab_a1e33e1d2551.pdf
- Court
- High Court
The application for interim relief was denied because the applicants failed to establish a serious question to be tried on the pleaded statutory causes of action, and, alternatively, the balance of convenience favoured respondents: the substantive remedies sought were monetary and available (funds in trust), the injunction would not preserve the status quo and would deprive the second respondent of bargained commercial rights, and the Takeovers Panel's intervention and temporary orders provided adequate protection pending specialist review.