NSW Caselaw
Supreme Court New South Wales
Medium Neutral Citation: Ayshan v Abualadas (No 2) [2024] NSWSC 824 Hearing dates: On the papers; final submissions 25 June 2024 Date of orders: 8 July 2024 Decision date: 08 July 2024 Jurisdiction: Equity - Real Property List Before: Parker J Decision: See [74] Catchwords: EQUITY — remedies — constructive trust — failed joint endeavour — declaration that joint endeavour property held on trust for sale and division of proceeds — form of declaration — indemnity against capital gains tax liabilities — appointment of independent trustee to effect sale — vesting order —former joint endeavour participants remaining in occupation — mode of sale — trustee's responsibilities and discretions Legislation Cited: Conveyancing Act 1919 (NSW) Income Tax Assessment Act 1997 (Cth) Property Law Act 1974 (Qld) Real Property Act 1900 (NSW) Trustee Act 1925 (NSW) Cases Cited: Ayshan v Abualadas [2024] NSWSC 678 Foundas v Arambatzis [2020] NSWCA 47 MacDiarmid v MacDiarmid (1956) 74 WN (NSW) 170 Makaritis v Makaritis (No 3) [2023] NSWSC 409 McKinlay v Woods [2024] NSWCA 122 Muschinksi v Dodds (1985) 160 CLR 583 Texts Cited: Nil Category: Consequential orders Parties: Principal proceedings Linda Ayshan (First Plaintiff) Imad Ayshan (Second Plaintiff) Tareq Subhi Ahmed Abualadas (First Defendant) Emaan Zarour (Second Defendant)
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