Makaritis v Makaritis (No 3) [2023] NSWSC 409

Supreme Court New South Wales

Medium Neutral Citation: Makaritis v Makaritis (No 3) [2023] NSWSC 409 Hearing dates: 10 March 2023; further written submissions ending 29 March 2023 Date of orders: 20 April 2023 Decision date: 20 April 2023 Jurisdiction: Equity - Expedition List Before: Parker J Decision: See [155] Catchwords: EQUITY – remedies – failed joint endeavour – constructive trust for sale of property and division of net proceeds – form of declaration – return of contributions – indexation – sharing of surplus – allowances – occupation for period after breakdown of joint endeavour – other losses allegedly suffered by owner COSTS – Party/Party – plaintiff fails against one defendant and succeeds against the other – defendants commonly represented – "rule of thumb" – form of order in favour of successful defendant – unsuccessful defendant a corporate trustee - application for personal costs order against director – failure to seek judicial advice – application refused – plaintiff legally aided – set-off Legislation Cited: Legal Aid Commission Act 1979, s 47 Trustee Act 1925, s 59(4) Uniform Civil Procedure Rules 2005, rr 7.2, 42.25 Cases Cited: Aristocrat Technologies Australia Pty Ltd v Allam [2017] FCA 812 Baba v Sheehan [2021] NSWCA 58 Baumgartner v Baumgartner (1987) 164 CLR 137 Bell Lawyers Pty Ltd v Pentelow (2019) 269 CLR 333 Burkett v London Borough of Hammersmith and Fulham [2004] EWCA Civ 1342 Currabubula Holdings Pty Ltd v State Bank of New South Wales [2000] NSWSC 232 Dimos v Willetts (2000) 2 VR 170 Ellingsen v Det Skandinaviske Compani [1919] 2 KB 567 Forgeard v Shanahan (1994) 35 NSWLR 206 FPM Constructions Pty Ltd v Council of the City of Blue Mountains [2005] NSWCA 340 Goodwin v Duggan (1996) 41 NSWLR 158 Griffiths v Boral Resources (Qld) Pty Ltd (No 2) (2006) 157 FCR 112 Hansen v Noble [2021] NSWSC 138 Heath v Greenacre Business Park Pty Ltd [2016] NSWCA 34 in Akierman Holdings Pty Limited v Akerman (No 3) [2021] NSWSC 869 James v Royal Bank of Scotland (No 2) [2015] NSWSC 970 Jemmark Pty Ltd v 10 Egan Street Pty Ltd [2022] NSWSC 865 Korner v H Korner & Co Ltd [1951] 1 Ch 10 Lemoto v Able Technical Pty Ltd (2005) 63 NSWLR 300 Lockley v National Blood Transfusion Service [1992] 1 WLR 492 Lord v Direct Acceptance Corporation Ltd (1993) 32 NSWLR 362 Loureiro v Mac Aus Unit Pty Ltd (No 3) [2022] NSWSC 358 Macedonian Orthodox Community Church St Petka Inc v His Eminence Petar Diocesan Bishop of Macedonian Orthodox Diocese of Australia and New Zealand (2008) 237 CLR 66 Makaritis v Makaritis [2022] NSWSC 468 Makaritis v Makaritis (No 2) [2022] NSWSC 1690 Mao v Bao (No 3) [2023] NSWSC 261 May v Christodoulou [2011] NSWCA 75 Muschinski v Dodds (1985) 160 CLR 583 NSW Trustee and Guardian v Togias [2022] NSWCA 225 Ohn v Walton (1995) 36 NSWLR 77 Rasch Nominees Pty Ltd v Bartholomaeus (No 3) [2013] SASC 14 Re Beddoe [1893] 1 Ch 547 Re Colquoun (1854) 5 De G M & G 35; 43 ER 781 Southern Oil Refining Pty Ltd v Hydrodec Australia Pty Ltd (No 2) [2021] NSWSC 336 Stanley v Lane Christensen Company [2006] WASCA 56 Ventura v Higgins [2018] NSWSC 909 Wardle v Agricultural and Rural Finance Pty Ltd (No 2) [2012] NSWCA 388 Woods v McKinlay (No 2) [2021] NSWSC 1510 Texts Cited: Jacobs' Law of Trusts in Australia, Heydon JD and Leeming MJ, (2016, 8th ed, LexisNexis Butterworths) Law of Costs, Dal Pont GE (5th ed, 2021, LexisNexis) Category: Costs Parties: Bill Makaritis (Plaintiff) Luke William Makaritis (First Defendant) Hellenic Property Holdings Pty Limited (Second Defendant) Representation: Counsel: B Zipser (Plaintiff) M Condon SC (Defendants)