Farrer v Australian Securities and Investment Commission [2011] NSWSC 425

Supreme Court New South Wales

Medium Neutral Citation: Farrer v Australian Securities and Investment Commission [2011] NSWSC 425 Hearing dates: 13 May 2011 Decision date: 13 May 2011 Jurisdiction: Equity Division Before: Biscoe AJ Decision: Orders pursuant to ss 66G, 66I Conveyancing Act 1919 Catchwords: REAL PROPERTY:- appointment of trustees on statutory trusts for sale - allowing co-owner to purchase - costs. Legislation Cited: Civil Procedure Act 2005, ss 98(1), 12.1(1), 42.19, 42.20, Conveyancing Act 1919, s 66G Corporations Act 2001, s 601AD Real Property Act 1900, s 138 Uniform Civil Procedure Rules 2005, rr 12.1, 42.19, 42.20 Cases Cited: Australiawide Airlines Ltd v Aspirion Pty Ltd [2006] NSWCA 365 Bitannia Pty Ltd v Parkline Constructions Pty Ltd [2009] NSWCA 32 Callahan v O'Neill [2002] NSWSC 877 Hogan v Baseden (1997) 8 BPR 15, 723 Johnson v Clancy [2010] NSWSC 1301 Penny Nominees Pty Ltd v Fountain (No 3), (1990) 5 BPR 11, 284 Re the Minister for Immigration and Ethnic Affairs; Ex parte Lai Qin [1997] HCA 6, 186 CLR 622 Category: Principal judgment Parties: Nicholas Alexander William Farrer (First Plaintiff) Angela Kathleen Farrer (Second Plaintiff) Australian Securities and Investments Commission (First Defendant) William Henry Haggard (Second Defendant) Janet Ada Haggard (Third Defendant) Wooli Investments Pty Ltd (Fourth Defendant) Representation: Mr P O' Loughlin (Plaintiffs) Mr S Robertson (Defendants) Proctor Willaws (Plaintiffs) Lillas and Loel Lawyers Pty Ltd (2nd - 4th Defendants) File Number(s): 2010/00422043