NSW Caselaw
New South Wales Supreme Court
CITATION : Application of Macedonian Orthodox Community Church St Petka Incorporated [2004] NSWSC 388 HEARING DATE(S) : 6 May, 2004 JUDGMENT DATE : 7 May 2004 JURISDICTION: Equity Division JUDGMENT OF : Palmer J DECISION : Trustee justified in having recourse to trust funds for limited purposes and upon terms.
CATCHWORDS : TRUSTS AND TRUSTEES - COSTS - JUDICIAL ADVICE - PRE-EMPTIVE COSTS ORDER - trustee has no resources to defend claims of breach of trust except by recourse to trust funds - use of trust funds for defence alleged to be breach of trust - whether judicial advice should be given justifying trustee using trust funds - terms upon which such advice should be given. LEGISLATION CITED : Trustee Act 1925 (NSW) - s.63(1), s.63(4) - Dallaway Dec'd, Re [1982] 1 WLR 757 - Metropolitan Local Aboriginal Land Council v Metropolitan Aboriginal Association [2003] NSWSC 104 CASES CITED : - Metropolitan Petar v Mitreski [2003] NSWSC 262 - Permanent Trustee Australia Ltd, Re (1994) 33 NSWLR 547 - Radmanovich v Nedeljkovic (2001) 52 NSWLR 641 PARTIES : Macedonian Orthodox Community Church St Petka Incorporated - Applicant FILE NUMBER(S) : SC 2451/04 G.O. Blake SC - Applicant COUNSEL : T.G.R. Parker and R. Steele - Plaintiffs in Proceedings 3369 of 1997 V. Colaluce (Sol) - Attorney General - Excused McConnell Jaffray - Applicant SOLICITORS : Sachs Gerace Lawyers - Plaintiffs in Proceedings 3369 of 1997 V. Colaluce - Attorney General
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