Australia, May 25 -- New South Wales Land and Environment Court issued text of the following judgement on April 24:

1. The Plaintiff is a company, the shareholders of which are Christiaan Straatemeier and his wife Annette Straatemeier. It is a trustee of what I infer is a family trust. For relevant purposes, it is controlled by Mr Straatemeier.

2. The First Defendant is a company and, during the period relevant to these proceedings until 30 August 2021, the Second Defendant was its sole director. From 30 August 2021 until 6 March 2023, the Second Defendant and the Third Defendant were directors of the First Defendant.

3. In October 2021, the First Defendant was seeking to raise capital for the purpose of developing a business venture inv...