16 Jan 2006
TEAM BARRY LIMITED AND ORS V FURLONG AND ORS HC AK CIV.2003-404-5593
- Citation
- openlaw-3c908195_e9d6_4453_a98c_18dc7a71275d.pdf
- Court
- High Court
The Court declined to remove the caveat because there are substantial unresolved disputes as to the provenance, quantum and legal status of funds allegedly applied to 18 O'Neills Avenue and as to what the trustees knew; these factual and accounting uncertainties make immediate removal unjustified. The Court rescinded prior interlocutory orders requiring accounting of fight proceeds because the plaintiffs accepted the EMA ended on 10 October 2003, removing the legal foundation for those orders; sanctions were dismissed for the same reason. Finally the Court ordered re-pleading and case managem…