Drakeford v Bromhead [2003] NSWSC 296

New South Wales Supreme Court

CITATION : Drakeford v Bromhead [2003] NSWSC 296 HEARING DATE(S) : 03/04/03 JUDGMENT DATE : 15 April 2003 JURISDICTION: Equity Division JUDGMENT OF : Barrett J DECISION : Resulting trust as to both real property and money

CATCHWORDS : TRUSTS AND TRUSTEES - resulting trust - property purchased in name of one sister with money provided by another sister - whether intention of second sister that first sister should have beneficial ownership established so as to rebut resulting trust - payment of money by first sister to second sister for specific purpose - purpose rendered unachievable by subsequent events - whether money held on resulting trust for first sister Barclays Bank Ltd v Quistclose Investments Ltd [1970] AC 567 Calverley v Green (1984) 155 CLR 242 Charles Marshall Pty Ltd v Grimsley (1956) 95 CLR 353 CASES CITED : Gilbert v Gonard (1884) 54 LJ Ch 439 Muschinski v Dodds (1985) 160 CLR 583 at 590 Rose v Rose (1986) 7 NSWLR 679 Twinsectra Ltd v Yardley [2002] 2 AC 164 Patricia Ann Drakeford - Plaintiff PARTIES : Paul David Bromhead as the Executor of the will of the late June Mary Bromhead - First Defendant Kim Maree Bromhead - Second Defendant FILE NUMBER(S) : SC 6048/01 COUNSEL : Mr P G Maiden - Plaintiff Mr M S Henry - Defendants Murwillumbah Lawyers Pty - Plaintiff SOLICITORS : Trenches - First Defendant Michael Dakin & Associates - Second Defendant

IN THE SUPREME COURT OF NEW SOUTH WALES EQUITY DIVISION