HERSKOPE & ORS. v. PERPETUAL TRUSTEES (W.A.) LIMITED [2002] NSWCA 153

Reported Decision : (2002) 41 ACSR 707

New South Wales Court of Appeal

CITATION : HERSKOPE & ORS. v. PERPETUAL TRUSTEES (W.A.) LIMITED [2002] NSWCA 153 FILE NUMBER(S) : CA 40127/2001 HEARING DATE(S) : 27/10/2001 JUDGMENT DATE : 31 May 2002

ALAN HERSKOPE, TOM LINARDOS, ROSEMARY LUFF, ROYDAN EUAN LUFF, TARGRIDGE PTY. LIMITED and H.K. CAPITAL LIMITED (Appellants) PARTIES : PERPETUAL TRUSTEE (W.A.) LIMITED (First Respondent) EQUUSCORP PTY. LIMITED (Second Respondent) A.D.J. CONTRACTING PTY. LIMITED & ORS. (Third to Thirtieth Respondents) JUDGMENT OF : Sheller JA at 1; Powell JA at 19; Beazley JA at 71

LOWER COURT JURISDICTION : Supreme Court - Equity Division LOWER COURT ED 4424/99 FILE NUMBER(S) : LOWER COURT Bergin J JUDICIAL OFFICER :

C.R.C. Newlinds (Appellants) COUNSEL : J.B. Simpkins SC (First Respondent) No appearance (Second to Thirtieth Respondents) Michell Sillar (Appellants) SOLICITORS : Henry Davis York (First Respondent) No appearance (Second to Thirtieth Respondents) CATCHWORDS : Interpretation of Instruments - Rules of construction - Deed of settlement - Apparently inconsistent provisions - Whether to be construed as a release or as a covenant not to sue. D Bateson v. Gosling (1871) LR 7 cp 9 Commercial Bank of Tasmania v. Jones & Anor. [1893] AC 313 Dorgal Holdings Pty. Limited v. Buckley & Ors. (1996) 22 ACSR 163 Duke v. Mayeu [1892] 2 QB 511 CASES CITED: In re EWA [1901] 2 KB 642 Hume v. Rundle (1825) 2 Sim & St 174; 57 ER 311 Kearsley v. Cole (1846) 16 M & W 128 Kenworthy v. Avoth Holdings Pty. Limited, Cannon & Bishop (1974) WAR 135 The Life Insurance Company of Australia Limited v. Phillips (1925) 36 CLR 60 Lloyd v. Lloyd (1837) 2 My & Cr 192; 40 ER 613 DECISION : Appeal dismissed