A former development proponent of the Sydney Fish Market is staking an audacious claim to legal rights over the old site in a move that will create more drama for the government as it prepares to open new state-of-the-art premises next door.
He claims those shares were fraudulently stripped from him, and if his ownership had been recognised, he would not have let the Sydney Fish Market give up its first right of refusal to develop the site. “The claims made in the letter have been around for many years and will not stop the procurement of a development partner from proceeding,” he said.The eleventh-hour bid to control the old site comes as the NSW government, the Sydney Fish Market and its existing subtenants continue to wrangle over the final shape of the new building at the head of Blackwattle Bay and the terms of the subtenants’ lease.
“My ultimate goal is what I was doing in the first place, which was trying to get the best deal for all the shareholders, including myself,” Galati said.Last week, barrister Perry Herzfeld SC provided an overview of what may be required to obtain orders for a preliminary discovery application in the Supreme Court.