Australia, Aug. 11 -- New South Wales Land and Environment Court issued text of the following judgement on July 11:
1. I delivered judgment in this matter on 16 May 2025: Kolevski v Timber Creek Holdings Pty Ltd [2025] NSWSC 487 (the Judgment (J)). I made orders for the possession and sale of the Shell Cove property and the Port Kembla property, although the orders in relation to the Port Kembla property were stayed for the reasons explained at J[259]-[260]. The orders made on 16 May gave effect to my principal conclusions that (a) Nick and Lena had entered into a loan and security agreement with Timber Creek under which Timber Creek held both properties as equitable mortgagee, (b) Nick and Lena were in default under that agreement and (c)...