266 Bree Street Johannesburg (Pty) Ltd and Others v TUHF Limited (39800/2020) [2023] ZAGPJHC 94 (1 February 2023)

266 Bree Street Johannesburg (Pty) Ltd and Others v TUHF Limited (39800/2020) [2023] ZAGPJHC 94 (1 February 2023)

The court found that the grounds for appeal merely repeated arguments already considered and decided in the original judgment. The subsequent placement of the principal debtor in business rescue and the agreement between the business rescue practitioner and TUHF to hold rental income in escrow pending the main...

Source-derived case information.

Citation
[2023] ZAGPJHC 94
Parties
Applicant: 266 Bree Street Johannesburg (Pty) Ltd; Applicant: 10 Fife Avenue Berea (Pty) Limited; Applicant: 28 Esselen Street Hillbrow CC; Applicant: 68 Wolmarans Street Johannesburg (Pty); Applicant: Hillbrow Consolidated Investment CC; Applicant: Mark Morris Farber; Respondent: TUHF Limited
Court
South Gauteng High Court, Johannesburg
Jurisdiction
South Africa
Case Number
39800/2020
Procedural Posture
Leave to Appeal / Application for Leave to Appeal After Judgment
Outcome
Application for leave to appeal dismissed with costs.
Judges
Senyatsi
Legal Topics
Leave to Appeal, Cession of Rental Income, Business Rescue, Enforcement of Judgment
Civil Procedure Commercial and Corporate Leave to Appeal Cession of Rental Income Business Rescue Enforcement of Judgment

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Summary, issues, holding and outcome

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Parties

266 Bree Street Johannesburg (Pty) Ltd

Applicant

10 Fife Avenue Berea (Pty) Limited

Applicant

28 Esselen Street Hillbrow CC

Applicant

68 Wolmarans Street Johannesburg (Pty)

Applicant

Hillbrow Consolidated Investment CC

Applicant

Mark Morris Farber

Applicant

TUHF Limited

Respondent

Procedural Posture

Leave to Appeal / Application for Leave to Appeal After Judgment

  1. 1 Whether the application for leave to appeal has reasonable prospects of success.
  2. 2 Whether there is a compelling reason in the interests of justice for the appeal to be heard.
  3. 3 Whether the agreement reached between the business rescue practitioner and TUHF renders the appeal academic.

Ratio Decidendi

The court found that the grounds for appeal merely repeated arguments already considered and decided in the original judgment. The subsequent placement of the principal debtor in business rescue and the agreement between the business rescue practitioner and TUHF to hold rental income in escrow pending the main action rendered the appeal academic. There was no reasonable prospect that the appeal would succeed, nor was there a compelling reason in the interests of justice to grant leave to appeal. Accordingly, the application for leave to appeal was dismissed.

Court Disposition

Application for leave to appeal dismissed with costs.

Orders

  • The application for leave to appeal the judgment handed down on 9 September 2022 is dismissed with costs.