Federal Court of Australia
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CATCHWORDS
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Trust - Acquisition by Company A of Shares in Company B - Loan by Company A to Company B to enable property to be purchased — Finance provided by individual shareholders in Company A - Whether Shares and Loan held by Company A beneficially or upon trust for the individuals - Finding by trial Judge of trust upheld by majority (Beane J. dissenting). ° e
Appeal - Role of Full Court discussed.
"
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IN THE FEDERAL COURT OF AUSTRALIA
) ) NEW SOUTH WALES DISTRICT REGISTRY ) No. G.37 of 1978 ) )
GENERAL DIVISION
~
| BETWEEN: EUNICE CATHERINE MARY RYAN | - MAUREEN PATRICIA TAYLOR WILLIAM PATRICK RYAN, Jnr. by his next friend - BUNICE CATHERINE MARY RYAN *PATRICIA LOUISE RYAN by her next friend EUNICE CATHERINE MARY RYAN "W.P. RYAN PTY. LIMITED
Appellants (Plaintiffs)
AND: WILLIAM PATRICK RYAN ~ \W.P. RYAN PTY. LIMITED EUNICE CATHERINE MARY RYAN ' MAUREEN PATRICIA TAYLOR WILLIAM PATRICK RYAN, Jnr. ! ° by his next friend EUNICE CATHERINE MARY RYAN PATRICIA LOUISE RYAN by her next friend EUNICE CATHERINE MARY RYAN
Appellants (Defendants to Counter Claim)
' AND: CARSTENSZ PROPERTIES PTY. LIMITED PAUL JAMES REARDON FAITH ANNE SMALL ELMSLEA PTY. LIMITED FRANCIS PAUL REARDON JOHN BEDE REARDON
~ HARRY CASSIDY FOREST PASTORAL COMPANY PTY. LIMITED
Respondents (Defendants)
AND: PAUL JAMES REARDON and HARRY CASSIDY
Respondents (Counter - Claimants)
AND: J.C. RENNES PTY. LIMITED VINCENT GALLAGHER J.C. RENNES ™~ PAITH ANNE SMALL CARSTENSZ PROPERTIES PTY. LIMITED
Respondents (Defendants to Counter Claim
CORAM: Bowen C.J., Deane and Fisher JJ.
(HK september 1979 Bowen ,c.F.
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