Beale v Trinkler [2007] NSWSC 1058

New South Wales Supreme Court

CITATION : Beale v Trinkler [2007] NSWSC 1058

HEARING DATE(S) : 31 May 2007 JURISDICTION : Equity Division Duty Judge List

JUDGMENT OF : Brereton J

EX TEMPORE JUDGMENT DATE : 1 June 2007

DECISION : Property in a partnership that has been dissolved but not yet wound up remains property of the partnership and does not vest in the individual partners pro rata. Notice of Motion dismissed with costs.

CATCHWORDS : PARTNERSHIP – Dissolution and winding up – rights of parties in a partnership property following dissolution – whether co-owners – whether partnership property amenable to division under Conveyancing Act s 36A

LEGISLATION CITED : (NSW) Conveyancing Act 1919, s 36A

Alcock v Robb (1978) 2 BPR 9625 Big Top Hereford Pty Ltd v Thomas [2006] NSWSC 1159 Case of Swans (1592) 7 Co Rep 15(b); 77 ER 435 Ferrari v Beccaris [1979] 2 NSWLR 181 Gray v Inland Revenue Commissioners [1994] STC 360 Hadlee v Commissioner of Inland Revenue (NZ) [1933] AC 524 CASES CITED : Liquor National Wholesale Pty Ltd v Redrock Co Pty Ltd [2007] NSWSC 392 Naziridis v Rimis (1985) 9 BPR 16,201 Ngatoa v Ford (1990) 19 NSWLR 72 Popat v Shonchhatra [1997] 1 WLR 1367 Re Fettell (1952) 52 SR(NSW) 221 Stephens v Debney (1959) 60 SR(NSW) 468 Lindley & Banks on Partnership, 18th ed

Aileen Beale (first plaintiff/second cross defendant) Phillip Beale (second plaintiff/first cross defendant) PARTIES : Clemelle Way Pty Limited (third cross defendant) George Trinkler (first defendant/cross claimant) Dwyer Young & Co Pty Ltd (second defendant)