El-Cheikh v Miraki [2020] NSWSC 1781

Supreme Court New South Wales

Medium Neutral Citation: El-Cheikh v Miraki [2020] NSWSC 1781 Hearing dates: 13, 14 and 19 August 2020 Decision date: 09 December 2020 Jurisdiction: Equity - Real Property List Before: Kunc J Decision: Plaintiffs' claims fail Catchwords: CONTRACTS — Performance — Whether loan advance paid pursuant to loan agreement EQUITY — Trusts and trustees — Express trusts — Unit trusts — No intended unitholder had subscribed for their units — Whether trust in existence Legislation Cited: Evidence Act 1995 (NSW) Cases Cited: Aytul Ak-Tankiz v Ferat Ak & Ramazan Ak [2014] NSWSC 1044 Briginshaw v Briginshaw (1938) 60 CLR 336; [1938] HCA 34 Cubillo v Commonwealth of Australia (No 2) (2000) 103 FCR 1; [2000] FCA 1084 Fulton v Fulton [2014] NSWSC 619 Maria Saravinovksa v Krste (Chris) Saravinovski; Chris Saravinovski v George Saravinovski (No 6) [2016] NSWSC 964 Sangha v Baxter [2009] NSWCA 78 Steinberg v Federal Commissioner of Taxation (1975) 134 CLR 640 at 694; [1975] HCA 63 Warner v Hung, in the matter of Bellpac Pty Ltd (Receivers and Managers appointed) (In liquidation) (No 2) (2011) 297 ALR 56; [2011] FCA 1123 Watson v Foxman (1995) 49 NSWLR 315 Texts Cited: J D Heydon and M J Leeming, Jacobs' Law of Trusts in Australia, LexisNexis Butterworths, Australia, 2006 Kam Fan Sin, The Legal Nature of the Unit Trust, Clarendon Press, Oxford, 1997. Category: Principal judgment Parties: Omar El-Cheikh (First Plaintiff) El-Cheikh Group Pty Ltd (ACN 614 664 158) (Second Plaintiff)