Australia, April 26 -- New South Wales Land and Environment Court issued text of the following judgement on March 25:
1. THE COURT: This matter commenced as a claim by the respondent, Homebuilding Pty Ltd, against the owners of a residential property on which the respondent had carried out work. The respondent obtained a judgment in its favour in the District Court, including for its costs. An attempt in February 2024 to have the NSW Sheriff execute a writ of execution led to the applicant, Litigation Fund WCX Pty Ltd, commencing proceedings by way of a third party notice claiming equitable ownership of the assets of the homeowners. It relied upon a deed providing a line of credit to the homeowners.
2. On 26 August 2024, the Sheriff sough...