Audio Products Group Pty Ltd v Mamone

Audio Products Group Pty Ltd sued Mamone and two companies, one of which Mamone directed and held shares in. The plaintiff alleged that Mamone had misappropriated the plaintiff's funds. The plaintiff obtained an asset freezing order against the second defendant company, which Mamone directed and held shares in. The court had to decide whether it had jurisdiction to make the asset freezing order against the second defendant and whether the order should be dissolved. The court found that the second defendant was not liable for the conduct of the first defendant, and that the plaintiff had not provided sufficient evidence to justify the asset freezing order against the second defendant. The court also found that the second defendant had not engaged in any dishonest or fraudulent conduct. As a result, the court dissolved the asset freezing order against the second defendant and ordered the plaintiff to pay the second defendant's costs of the proceedings.