Federal Court of Australia
CATCHWORDS
BANKRUPTCY - Administration of estate - Deceased estate - Entitlement to proceeds of sale of realty ~- Whether realty held upon a resulting trust for deceased - Whether deceased made settlement of purchase price of realty within five years
of death.
Bankruptcy Act 1966 ss.120, 244, 247A, 249,
No.W1158 of 1985 RE THE ESTATE OF THE LATE JOHN WALKER WYNYARD; EX PARTE THE OFFICIAL TRUSTEE IN BANKRUPTCY v_ SHARRMENT PTY LIMITFD & ORS
Wilcox J Sydney 8 July 1987
106 SUL 1987 a FEDERAL CCuRI OF ie
\ AUSTRALIA Lif
/ A. be tClpaL <> f . REG 5) iv '
IN THE FEDERAL COURT OF AUSTRALIA
GENERAL DIVISION
BANKRUPTCY DISTRICT OF THE STATE OF NEW SOUTH WALES AND
THE AUSTRALIAN CAPITAL TERRITORY
RE:
EX PARTE:
No.W1158 of 1985
THE ESTATE OF THE LATE JOHN WALKER WYNYARD
THE OFFICIAL TRUSTEE IN
BANKRUPTCY
Applicant
SHARRMENT PTY LIMITED
Pirst Respondent LEE WYNYARD
Second Respondent
MARK WYNYARD
Third Respondent AUSTRALIAN BANK LIMITED Fourth Respondent LORREINE CLAIRE WYNYARD Fifth Respondent MACQUARIE BANK LIMITED Sixth Respondent
ELDERCON PTY LIMITED
Seventh Respondent
CORAM:
PLACE:
DATE:
ROBERT IAN GRANT as the Representative of the partners of the firm of Sly & Russell
Eighth Respondent
SEYTA PTY LIMITED
Ninth Respondent WILCOX J SYDNEY
8 JULY 1987
MINUTES OF ORDER
THE COURT ORDERS THAT:
It be declared that the funds described in the Schedule hereto form part of the divisible property of the estate of the late John Walker Wynyard within
the meaning of s.249 of the Bankruptcy Act 1964.
The fourth respondent pay to the applicant the monies comprising the funds described in paragraphs A and C
of the Schedule hereto.
The sixth respondent pay to the applicant the ron1es comprising the funds described in paragraph B >f the
Schedule hereto.
The first, second, third, fifth and ninth respondents
pay to the applicant his costs of this applicaézion.
We try to embed the page this law was scraped from. If the site blocks framing, you still get the link and a local excerpt.
Last checked with source on —
Checking whether the official page can be embedded…
Plain-English simplify of this law: a short summary, key points, and both sides of the argument. Generated on first view via Replicate, then cached. Vote on what helps your study.
No study brief is cached for this law yet. Sign up to generate a plain-English brief.
Sign up to generate