Australia, June 30 -- New South Wales Land and Environment Court issued text of the following judgement on May 30:
1. The background to this matter is set out in my judgments of 15 October 2024 [1] and 5 May 2025. [2] I shall use the same abbreviations here.
2. On 20 November 2023, I entered judgment in favour of Gosford against the Bank for $37 million. [3]
3. On 15 December 2023, I stayed that judgment pending consideration by the Chinese Court of the Bank's application to that Court to dissolve its Civil Ruling that currently restrains the Bank from making payment under the Letter of Credit that is the subject of my 20 November 2023 judgment. [4]
4. By Notice of Motion filed on 3 September 2024, Gosford sought an order that the stay ...