Valeress Pty Ltd v Valenest Pty Limited (in liquidation) [2011] NSWSC 465

Supreme Court New South Wales

Medium Neutral Citation: Valeress Pty Ltd v Valenest Pty Limited (in liquidation) [2011] NSWSC 465 Hearing dates: 24, 25 March, 6, 8, 19 April 2011 Decision date: 20 May 2011 Jurisdiction: Equity Division Before: Sackar J Decision: A declaration that the property known as 503 Victoria St Wetherill Park, being land comprised in Lot 22 of Deposited Plan 853602 is property of the Ceccattini Family Trust Catchwords: TRUSTS - Intention to create trust - certainty of intention, object and subject matter - non-requirement that the term "trust" be used when establishing trust - vesting order to appoint Company as trustee of trust EVIDENCE - Authenticity of documents - presumption as to the authenticity of documents displaced Legislation Cited: Corporations Act 2001 (Cth); Evidence Act 1995 (NSW); Trustee Act (NSW); Cases Cited: Australian Securities and Investments Commission v Rich 216 ALR 320 Re Schebsman (1944) Ch 83 Re Williams and Commissioner of Stamp Duties (QLD) v Jolliffe (1920) 28 CLR 178 Trident General Insurance Co (1988) 165 CLR 107 Eslea Holdings Ltd v Butts (1986) 6 NSWLR 175 Walker v Corbroy (1990) 19 NSWLR 382 Category: Principal judgment Parties: Valeress Pty Ltd - Plaintiff Valenest Pty Limited (in liquidation) - Defendant Representation: Counsel: D Ashhurst SC, D Allen - Plaintiff A Lo Surdo - Defendant Solicitors: Proctor & Associates, J Kekatos - Plaintiff HWL Ebsworths, Ms J Talakovski - Defendant File Number(s): 2010/304565