Application of Walker Corporation Pty Ltd [2022] NSWSC 1609

Supreme Court New South Wales

Medium Neutral Citation: Application of Walker Corporation Pty Ltd [2022] NSWSC 1609 Hearing dates: 17 November 2022 Date of orders: 28 November 2022 Decision date: 28 November 2022 Jurisdiction: Equity - Expedition List Before: Parker J Decision: See [134]-[135] Catchwords: EQUITY – rectification – discretionary trust deed – vesting date to be earlier of fixed date and period determined under royal lives clause – plaintiff seeks rectification in form of deletion of fixed date – corporate trustee – deed prepared by solicitor-director – whose intention is relevant – requirements for proof – laches – procedure Legislation Cited: Corporations Act 2001 (Cth), s 127 Evidence Act 1995, s 91 Trustee Act 1925, s 81 Cases Cited: Baba v Sheehan [2021] NSWCA 58 Bonhote v Henderson [1895] 1 Ch 742 Cisera v Cisera Holdings Pty Ltd [2017] NSWSC 960 Cisera v Cisera Holdings Pty Ltd (2018) 98 NSWLR 747 Commissioner of Stamp Duties (NSW) v Carlenka Pty Ltd (1995) 41 NSWLR 329 Fredensen v Rothschild [1941] 1 All ER 430 Hills v Kearns (Supreme Court of New South Wales, Young J, 4 September 1990) Kearns v Hill (1990) 21 NSWLR 107 Public Trustee v Smith [2008] NSWSC 397 Re CE Brenchley Family Trust [2019] NSWSC 1602 Re Hardi Family Trust [2021] NSWSC 1584 Sanwick Pty Ltd v Kalyk [2016] NSWSC 100 Stein v Sybmore Holdings Pty Ltd [2006] NSWSC 1004 Stephenson v Stephenson [2009] WTLR 1467 Tankel v Tankel [1999] 1 FLR 676 Van Der Linde v Van Der Linde [1947] Ch 306 Watson v Foxman (1995) 49 NSWLR 315 Texts Cited: Heydon, JD, Leeming, MJ and Turner, PG, Meagher, Gummow and Lehane's Equity: Doctrines and Remedies (LexisNexis Butterworths, 5th ed, 2015) Heydon, JD and Leeming, MJ, Jacobs' Law of Trusts in Australia (LexisNexis Butterworths, 8th ed, 2016) Category: Principal judgment Parties: Walker Corporation Pty Limited (Plaintiff) Representation: Counsel: IM Jackman SC/AR Langshaw (Plaintiff)