Application of Rinehart: 2020/142504 [2020] NSWSC 1624

Supreme Court New South Wales

Medium Neutral Citation: Application of Rinehart: 2020/142504 [2020] NSWSC 1624 Hearing dates: 1, 24 September 2020; further written submissions ending 2 October 2020 Date of orders: 16 November 2020 Decision date: 16 November 2020 Jurisdiction: Equity Before: Parker J Decision: See [205] Catchwords: CONFLICTS OF LAWS – trust law – administration of trust – judicial advice – Western Australian trust – inherent equitable jurisdiction – whether New South Wales statutory advice provision applies – court relies on cross-vested Western Australian statutory power EQUITY – trusts and trustees – judicial advice – appeal – applicable principles – proposed appeal from judgment referring trustee's claim to arbitration and otherwise staying proceedings – proposed appeal from adverse costs order Legislation Cited: Civil Procedure Act 2005 (NSW), ss 101(4)-(5) Corporations Act 2001 (Cth), ss 247A, 237 Interpretation Act 1987 (NSW), s 12(1)(b) Jurisdiction of Courts (Cross-vesting) Act 1987 (NSW), s 9 Jurisdiction of Courts (Cross-vesting) Act 1987 (WA), s 4 Matrimonial Causes Act 1859 (UK) Trustee Act 1925 (NSW), ss 3, 63 Trustee Act 1936 (SA), s 59C Trustees Act 1962 (WA), ss 77(2)(a), 92 Trusts Act 1973 (Qld), s 96 Uniform Civil Procedure Rules 2005 (NSW), pt 54 Variation of Trusts Act 1958 (UK) Cases Cited: Application of Macedonian Orthodox Church St Petka Inc (No 3) [2006] NSWSC 1247 Application of Rinehart [2017] NSWSC 282 BHP Billiton Ltd v Schultz (2004) 221 CLR 400 Chellaram v Chellaram [1985] Ch 409 Commissioner of Succession Duty v Hargrave (1972) 3 SASR 118 Ewing v Orr Ewing (1883) 9 App Cas 34 Faye v Faye [1973] WAR 66 Forsyth v Forsyth [1891] P 363 Frost and Fallon [2011] NSWSC 591 Gosper v Sawyer (1985) 160 CLR 548 Hancock Prospecting Pty Ltd v Rinehart (2017) 257 FCR 442 Hancock v Rinehart [2015] NSWSC 646 LM Investment Management Ltd v Drake [2020] QSC 265 Macedonian Orthodox Community Church St Petka Inc v His Eminence Petar The Diocesan Bishop of The Macedonian Orthodox Diocese of Australia and New Zealand (2008) 237 CLR 66 Olsen v James [2020] NSWSC 1015 Permanent Trustee Co (Canberra) Ltd v Finlayson (1968) 122 CLR 338 Pozniak v Smith (1982) 151 CLR 38 Re Attia [2020] NSWSC 94 Re BTA Institutional Services Australia Ltd & BNY Trust (Australia) Registry Ltd [2009] NSWSC 1294 Re Constantinou [2013] 2 Qd R 219 Re Dion Investments Pty Ltd [2013] NSWSC 1941 Re Ker's Settlement Trusts [1963] Ch 553 Re O'Donoghue [1998] 1 NZLR 116 Re Paget's Settlement [1965] 1 WLR 1046 Re Rosewood Research Pty Ltd (No 2) [2014] NSWSC 1226 Re Webb (1992) 57 SASR 193 Rinehart v Hancock Prospecting Pty Ltd (2019) 93 ALJR 582 Rinehart v Rinehart (No 2) [2020] NSWSC 235 Rinehart v Rinehart (No 3) [2016] NSWSC 1645 Rinehart v Rinehart [2020] NSWSC 68 Rinehart v Welker (2012) 95 NSWLR 221 Salkeld v Salkeld (No 2) [2000] SASC 296 Smith v Beal (1894) 25 OR 368 Texts Cited: Davies, M, AS Bell, PLG Brereton, M Douglas, Nygh's Conflicts of Laws in Australia (LexisNexis Butterworths, 10th ed, 2020) Heydon, JD, Leeming, MJ, Jacobs' Law of Trusts in Australia (LexisNexis Butterworth, 8th ed, 2016) Category: Principal judgment Parties: Bianca Hope Rinehart (Plaintiff) Representation: Counsel: D Thomas SC/D Hume (Plaintiff) P Flynn SC/K Lindeman (Ginia Hope Frances Rinehart: written submissions only)