Aravanis (Trustee), in the matter of Gillespie (Bankrupt) v Gillespie [2014] FCA 630

FEDERAL COURT OF AUSTRALIA

Aravanis (Trustee), in the matter of Gillespie (Bankrupt) v Gillespie [2014] FCA 630 Citation: Aravanis (Trustee), in the matter of Gillespie (Bankrupt) v Gillespie [2014] FCA 630

Parties: ANDREW ARAVANIS, THE TRUSTEE OF THE PROPERTY OF PETER GREGORY GILLESPIE, A BANKRUPT v IAN FRANCIS GILLESPIE

File number: NSD 1036 of 2013

Judge: JAGOT J

Date of judgment: 17 June 2014

Catchwords: TRUSTS AND TRUSTEES – constructive trusts – resulting trusts – presumption of advancement – whether common intention that respondent's brother purchase property on trust for respondent's mother – mortgage in name of respondent's brother – respondent's mother contributed substantial sum towards purchase price BANKRUPTCY – whether transfer of property void pursuant to Bankruptcy Act 1966 (Cth) ss 120 and 121 or Conveyancing Act 1919 (NSW) s 37A – whether bankrupt solvent at time of transfer – whether transfer for purpose of defeating creditors PROPERTY – equitable lien – purchaser paid less than sale price provided for in contract for sale of land – whether agreement between parties was for price in contract for sale or consideration actually paid by purchaser

Legislation: Bankruptcy Act 1966 (Cth), ss 120(1), (3)(a), 121 Conveyancing Act 1919 (NSW), ss 23C, 37A Evidence Act 1995 (Cth), s 63(2)

Cases cited: Baumgartner v Baumgartner (1987) 164 CLR 137 Brown v Brown (1993) 31 NSWLR 582 Calverley v Green (1984) 155 CLR 242 Charles Marshall Pty Ltd v Grimsely (1956) 95 CLR 353 Dinsdale bht Protective Commissioner v Arthur [2006] NSWSC 809 Hewett v Court (1982) 149 CLR 639 Jones v Dunkel (1959) 101 CLR 298 Muschinski v Dodds (1985) 160 CLR 583 Napier v Public Trustee (1980) 32 ALR 153 Nelson v Nelson (1994) 33 NSWLR 740 Ogilvie v Ryan [1976] 2 NSWLR 50 Ryan v Dries [2002] NSWCA 3 Sharp v Anderson (1994) 6 BPR 13,801 Shephard v Cartwright [1955] AC 431 Shepherd v Doolan [2005] NSWSC 42 Stafford v Kekatos (No 3) [2008] NSWSC 1093 Wirth v Wirth (1956) 98 CLR 228