Australia, June 2 -- New South Wales Land and Environment Court issued text of the following judgement on May 2:
1. By Originating Process filed on 21 June 2024, the Plaintiffs, Spring Street Property Group Pty Ltd ("Spring Street") and Ms Markovsky, originally sought relief against Messrs Sallway and Clubb in their capacity as receivers and managers ("Receivers") of Spring Street. The issues raised in the Originating Process have been resolved and it has now been dismissed by consent.
2. By Amended Interlocutory Process filed on 12 August 2024, the Receivers in turn sought declaratory relief and directions to address a dispute as to the entitlement to surplus funds in the receivership. That dispute remains in issue and the alternatives t...