In the matter of Lorebray Pty Ltd [2023] NSWSC 1650

Supreme Court New South Wales

Medium Neutral Citation: In the matter of Lorebray Pty Ltd [2023] NSWSC 1650 Hearing dates: 23–24 February 2023 Date of orders: 22 December 2023 Decision date: 22 December 2023 Jurisdiction: Equity Before: Richmond J Decision: Parties to bring in short minutes of order to reflect these reasons. Catchwords: PARTNERSHIPS AND JOINT VENTURES — existence of partnership — agreement of partnership PARTNERSHIPS AND JOINT VENTURES — rights and duties between partners — actions between partners PARTNERSHIPS AND JOINT VENTURES — partnership property — identification PARTNERSHIPS AND JOINT VENTURES — joint venture agreements — interpretation Legislation Cited: Conveyancing Act 1919 (NSW) Corporations Act 2001 (Cth) Environmental Planning & Assessment Act 1979 (NSW) Partnership Act 1892 (NSW) Superannuation Industry (Supervision) Act 1993 (Cth). Supreme Court Act 1970 (NSW) Cases Cited: Calacoci v Calacoci [2020] NSWSC 476 FCT v Whitfords Beach Pty Ltd (1982) 150 CLR 355 Harvey v Harvey (1970) 120 CLR 529 Lucas v Lucas [1962] Qd R 205 Meekin Enterprises Pty Ltd v Gersbach (McLelland CJ in Eq, 1 August 1996, unreported) Ngatoa v Ford (1990) 19 NSWLR 72 O'Brien v Komesaroff (1982) 150 CLR 310 Pascoe v Dyason [2011] NSWSC 1217 Re Hulton; Hulton v Lister (1890) 62 LT 200 Scott, in the matter of Le [2019] FCA 1661 Strike Australia Pty Ltd v Database Corporate Pty Ltd [2019] NSWCA 205 Syers v Syers [1875] 1 App Cas 174 Syers v Syers [1876] 1 App Cas 174 Thorn v Boyd [2016] NSWSC 1344 Tory v Tory [2007] NSWSC 1078 United Dominions Corporation Ltd v Brian Pty Ltd (1985) 157 CLR 1 Texts Cited: JD Heydon Heydon on Contract (Thomson Reuters, 2019) M Blackett-Ord and S Haren, Partnership Law (Bloomsbury Professional, 6th ed, 2020) Meagher, Gummow and Lehane's Equity Doctrines and Remedies (5th ed) R I'Anson Banks, Lindley & Banks on Partnership (Thomson Reuters, 21st ed, 2022) Category: Principal judgment Parties: David Henry Sampson in his capacity as receiver and manager of the assets of McNamee Property Trust (Plaintiff and First Cross-Defendant) Lorebray Pty Limited (First Defendant and Second Cross-Defendant) Red Hill MCN Pty Limited (Second Defendant) Peter McNamee (Third Defendant and Second Cross-Claimant) Brooklyn Road Pty Limited (Fourth Defendant and First Cross-Claimant) McMardi Pty Limited (Fifth Defendant) Helen Monica McNamee (Sixth Defendant and Third Cross-Claimant) Philippa Margaret Hardy (Seventh Defendant and Fourth Cross-Claimant) John Hardy (Eighth Defendant and Fifth Cross-Claimant) Representation: Counsel: Ms E Holmes (Plaintiff and First Cross-Defendant) Mr R Scruby SC (First Defendant and Second Cross-Defendant) Mr I Neil SC, Mr M Condon SC (Second, Third, Fourth, Sixth, Seventh and Eighth Defendants/Cross-Claimants)