Global Custodians Ltd v Mesh [2002] NSWSC 47

New South Wales Supreme Court

CITATION : Global Custodians Ltd v Mesh [2002] NSWSC 47 CURRENT JURISDICTION: Equity Division FILE NUMBER(S) : SC 2539/98; 3156/99; 3354/99 HEARING DATE(S) : 3, 4 and 5 December 2001 JUDGMENT DATE : 14 February 2002

Global Custodians Ltd (P1) John Healy Speight and Jesse Barrie Marr Speight (P2) PARTIES : Archie Greenlees and Norma Patricia Greenlees (P3) Pamela Ann Mesh and Helen Chuproff (D1 & 2) Hari Bhagat (D3) JUDGMENT OF : Young CJ in Eq

R F Margo SC and A P Spencer (P) COUNSEL : L K Robinson (D1 & 2) Third defendant in person SOLICITORS : Holding Redlich (P) CATCHWORDS : EQUITY [109]- Trusts- Investment before trust deed signed. EQUITY [223]- Trusts- Beneficiary's right to inspect trust documents. Bhagat v Global Custodians Ltd [2000] NSWSC 321 Collins v AMP Superannuation Ltd (1997) 147 ALR 243 Commissioner of Taxation v Everett (1980) 143 CLR 440 Compania Colombiana de Seguros v Pacific Steam Navigation Co [1965] 1 QB 101 Federal Commissioner of Taxation v Vegners (1989) 90 ALR 547 Glegg v Bromley [1912] 3 KB 474 Gra-Ham Pty Ltd v Perpetual Trustees WA Ltd (1989) 1 WAR 65 Hanrahan v Ainsworth (1990) 22 NSWLR 73 Hartigan Nominees Pty Ltd v Rydge (1992) 29 NSWLR 405 Hawks v McArthur [1951] 1 All ER 22 CASES CITED : Hunters Beach Investments Pty Ltd v Braams [2001] NSWSC 577 King v Victoria Insurance Co Ltd [1896] AC 250 Manfred v Maddrell (1950) 51 SR (NSW) 95 Morris v Morris (1993) 9 WAR 150 O'Rourke v Darbishire [1920] AC 581 Re Londonderry's Settlement [1965] Ch 918 Re Simersall (1992) 108 ALR 375 Trustees of Estate Mortgage Fighting Fund Trust v Federal Commissioner of Taxation (2000) 175 ALR 482 Whakatane Paper Mills Ltd v Public Trustee (1939) 39 SR (NSW) 426 Williams v Spautz (1992) 174 CLR 509 Yuill v Kidman (1910) 11 CLR 601 DECISION : Orders made