NSW Caselaw
New South Wales Supreme Court
CITATION : FrederickLloyd Heming v Gordon Sutcliffe Heming & Ors [2000] NSWSC 250 CURRENT JURISDICTION: Supreme Court FILE NUMBER(S) : SC 4525/93 HEARING DATE(S) : 13-16 March 2000 JUDGMENT DATE : 16 March 2000
PARTIES : Frederick Lloyd Heming v Gordon Sutcliffe Heming and Narelle Claire Heming & Ors JUDGMENT OF : Hodgson CJinEq at 1
COUNSEL : P - Mr Whittle SC & Mr Titterton D - Mr Flaherty SOLICITORS : P - Robert C Higging & Dawson D - Brien Mullick & Associates CATCHWORDS : CORPORATIONS - Company giving financial assistance in connection with the acquisition of its shares - Loan from purchaser of shares replaced by loan from vendor of shares - EQUITY - Undue influence - No relationship of influence - Whether inferred - SUCCESSION - Executors leave debt due to estate from company outstanding - Liability for interest LEGISLATION CITED : Corporations Law ss205, 206 Jennis v Public Curator (1953) 90 CLR 113 at 118-9 Johnson v Buttress (1936) 56 CLR 113 Burton v Palmer (1980) 2 NSWLR 878 at 881-2 CASES CITED : Darval v North Sydney Brick & Tile Co Limited & Ors (1987) 16 NSWLR 212 at 247 Tallglen Pty Limited v Optus Communications (1988) 28 ACSR 610 Charterhouse Investmment Trust Limited v Tempest Diesels Limited (1986) BCLC 1 at 10. Ramage v Waklaw (1988) 12 NSWLR 84f DECISION : See pars 104-108 of judgment
THE SUPREME COURT OF NEW SOUTH WALES EQUITY DIVISION
HODGSON CJ in EQ
Thursday 16 March 2000
4525/93: FREDERICK LLOYD HEMING & ANOR v GORDON SUTCLIFFE HEMING & ORS JUDGMENT
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