Lowther Park Pty Ltd as trustee for the Lowther Park Family Trust v Simon Della Marta [2023] NSWSC 1555

Supreme Court New South Wales

Medium Neutral Citation: Lowther Park Pty Ltd as trustee for the Lowther Park Family Trust v Simon Della Marta [2023] NSWSC 1555 Hearing dates: 8 December 2023 Date of orders: 12 December 2023 Decision date: 12 December 2023 Jurisdiction: Equity - Duty List Before: McGrath J Decision: See [76] Catchwords: EQUITY — trusts and trustees — rectification of trust deed — no issue of principle EQUITY — trusts and trustees — variation of trust — release or surrender pursuant to Trustee Act 1925 (NSW), s 81(1) Legislation Cited: Duties Act 1997 (NSW) Foreign Acquisition and Takeovers Act 1975 (Cth) Income Tax Assessment Act 1936 (Cth) Land Tax Act 1956 (NSW) Land Tax Management Act 1956 (NSW) Trustee Act 1925 (NSW) Uniform Civil Procedure Rules 2005 (NSW) Cases Cited: Budumu Pty Ltd [2021] NSWSC 522 Casibond Pty Ltd [2021] NSWSC 320 Commissioner of Stamp Duties (NSW) v Carlenka (1995) 41 NSWLR 329 Maralinga Pty Ltd v Major Enterprises Pty Ltd (1973) 128 CLR 336 Public Trustee v Smith [2008] NSWSC 397 Re Cecil Investments Pty Ltd [2021] NSWSC 211 Re Dion Investments Pty Ltd [2020] NSWSC 1661 Re Dion Investments Pty Ltd (2014) 87 NSWLR 753; [2014] NSWCA 367 Sanwick Pty Ltd v Kalyk [2016] NSWSC 100 TNB 878 Pty Ltd [2022] NSWSC 527 Category: Principal judgment Parties: Lowther Park Pty Ltd (Plaintiff) Simon Della Marta trading as In the matter of the Lowther Family Trust (Defendant Contradictor) Representation: Counsel: D Barlin (Plaintiff) JP Nathan (Defendant Contradictor)