Porter and Porter and Ors

In the Supreme Court of Queensland, Justice Watts considered an application by CC Pty Limited ATF CC Trust against N Pty Limited ATF The N Trust and others. The dispute concerned CC Pty Limited's interests in The N Trust, with CC Pty Limited seeking to restrain N Pty Limited from taking certain actions.

The primary legal issue before the Court was whether to grant interlocutory injunctive relief to prevent N Pty Limited from dealing with or adversely impacting CC Pty Limited's units in The N Trust. This involved assessing the strength of CC Pty Limited's claim and the balance of convenience between the parties.

Justice Watts granted the interlocutory injunction, restraining N Pty Limited from dealing with any request or application made by CC Pty Limited to redeem its units in The N Trust, or from taking any action that would adversely impact CC Pty Limited's interests in the trust. The Court also ordered that the wife's undertaking as to damages be filed, and that the orders, reasons, and associated documents be served on the respondents. The matter was adjourned for further consideration.