Sheahan v Cooper [1999] FCA 190

FEDERAL COURT OF AUSTRALIA

Sheahan v Cooper [1999] FCA 190 REAL PROPERTY – orders for disposition of proceeds of sale ordered under s 69 of Law of Property Act 1936 (SA) – whether document created lease or licence – whether exclusive possession intended by document – value of life interest – application to direct sale of property and distribution of proceeds instead of division of the property – whether order should be made permitting offer to purchase applicant's share only.

Law of Property Act 1936 (SA) ss 69, 70, 71 Radaich v Smith (1959) 101 CLR 209 applied Chelsea Investments Pty Ltd v Commissioner of Taxation (1966) 115 CLR 1 considered Goldsworthy Mining Ltd v Federal Commissioner of Taxation (1973) 128 CLR 199 considered Luke v Luke (1936) 36 SR (NSW) 310 considered Rees v Rees [1931] SASR 78 considered Ferguson v Miller [1978] 1 NZLR 819 considered Hedley v Roberts [1977] VR 282 considered AG Securities v Vaughan [1990] 1 AC 417 applied Commissioner of Taxation v Krakos Investments Pty Ltd (1995) 61 FCR applied Hill v O'Brien [1938] 61 CLR 96 considered Brickwood v Young (1905) 2 CLR 387 considered Squire v Rogers (1979) 27 ALR 330 applied Baumgartner v Baumgartner (1987) 164 CLR 137 applied Commonwealth v Verwayen (1990) 170 CLR 394 applied Pitt v Jones (1880) 5 App Cas 651 considered Perman v Maloney [1939] VLR 376 considered Anderson v Anderson [1957] VR 317 considered Schnytzer v Wielunski [1978] VR 418 considered Martin-Smith v Woodhead [1990] WAR 62 considered

JOHN SHEAHAN Trustee of the bankrupt estate of Jillian Helen Marshall and the bankrupt estates of Richard John Cooper and Simon Vincent Cooper v NOELENE MICHELLE COOPER, JANET ETHEL COOPER, MARTIN JAMES COOPER, ANDREW CHARLES COOPER, ROTHMORE PTY LTD (ACN 007 956 327), AGRI-STEEL PTY LTD (ACN 083 806 179) and TENNYSON TURNER