Chen v Lym International; Chen v Marcolongo (No 2)

In *Chen v Lym International; Chen v Marcolongo (No 2)*, the New South Wales Court of Appeal considered an application for a stay of a trial judge's order directing the transfer of property. The initial application for a stay pending an appeal had been granted, and the court had subsequently directed the parties to file submissions regarding the appointment of a receiver.

The central legal issue before the Court of Appeal was whether the stay of the trial judge's property transfer order should continue. This involved assessing the balance of convenience and the potential prejudice to the parties, particularly in light of the court's earlier consideration of appointing a receiver.

The Court noted that the costs associated with appointing a receiver were found to outweigh any potential benefits, leading to the decision not to appoint one. Consequently, the Court determined that the existing stay should remain in place. The Court of Appeal ordered that the stay of the trial judge's orders in each of these matters be continued until further order.