NEW SOUTH WALES COURT ISSUES JUDGEMENT FOR NORTH ROCKS ST, ET AL. V/S TRUSTEE FOR MING TIAN CITY GARDEN UNIT TRUST, ET AL. CASE

Australia, Aug. 4 -- New South Wales Land and Environment Court issued text of the following judgement on July 3:

1. These reasons concern the second defendant's application made by notice of motion filed on 5 May 2025 for an order that the plaintiff pay security for its costs of these proceedings in the sum of $219,213.50, or such other sum as the Court may determine.

2. The plaintiff is North Rocks St Pty Ltd (North Rocks). It sues in its capacity as trustee of the North Rocks Unit Trust.

3. North Rocks was the owner of land at North Rocks, which it sold to the first defendant, City Garden Australia Pty Ltd (City Garden), pursuant to a deed entered into in December 2016. The land was transferred to City Garden in February 2017.

4. Cit...