Metropolitan Local Aboriginal Land Council v Metropolitan Aboriginal Assoc [2003] NSWSC 104

New South Wales Supreme Court

CITATION : Metropolitan Local Aboriginal Land Council v Metropolitan Aboriginal Assoc [2003] NSWSC 104 HEARING DATE(S) : 24 February 2003 JUDGMENT DATE : 27 February 2003 JURISDICTION: Equity JUDGMENT OF : Austin J DECISION : See under heading "Conclusion"

CATCHWORDS : TRUSTS AND TRUSTEES - application for judicial advice - advice relating to the use of fund to pay legal costs and expenses - plaintiff claims trust over most of available funds - whether Court should give directions that the defendant/cross claimant would be justified in using some of those funds for legal costs and expenses of the proceedings LEGISLATION CITED : Trustee Act 1925 (NSW) s 63 Barclays Bank Ltd v Quistclose Investments Ltd [1970] AC 567 Harrison v Mills [1976] 1 NSWLR 42 Hartigan Nominees Pty Ltd v Rydge (1992) 29 NSWLR 405 Miskell v Green (Supreme Court of New South Wales, Young J, unreported, 14 August 1998) CASES CITED : MTM Funds Management Ltd v Cavalane Holdings Pty Ltd (2000) 35 ACSR 440 Re Addstone Pty Ltd (1997) 25 ACSR 357 Re Beddoe [1893] 1 Ch 547 Re Dallaway, Dec'd [1982] 1 WLR 756 Twinsectra Ltd v Yardley [2002] 2 AC 164 PARTIES : Metropolitan Local Aboriginal Land Council (P/R) Metropolitan Aboriginal Association Incorporated (D/A) FILE NUMBER(S) : SC 1877/02 COUNSEL : I Davidson with A Gruzman (A) J Kelly SC (R) SOLICITORS : Stephen Varvaressos & Assoc (A) Clayton Utz (R)