Chetwynd v Rose [2020] NSWSC 111

Supreme Court New South Wales

Medium Neutral Citation: Chetwynd v Rose [2020] NSWSC 111 Hearing dates: 20, 22 March 2017; 4, 5, 6, 7, 26, 27 April 2017; 24 August 2017; 15, 16, 17 October 2018; further written submissions 22 October, 6 December 2018, 21 January 2019 Decision date: 21 February 2020 Jurisdiction: Equity Before: Kunc J Decision: Armidale property held by defendant in trust for herself and natural plaintiffs; some adjustments and liabilities established by the natural plaintiffs against the defendant and vice versa. Catchwords: EQUITY — Trusts and trustees — Resulting trusts — No issue of principle — Dispute as to ownership of assets and related obligations at conclusion of longstanding but undocumented quasi-partnership — Plaintiffs attempt to undo longstanding accounting treatment of the relationship between the parties Legislation Cited: Conveyancing Act 1919 (NSW) Corporations Act 2001 (Cth) Evidence Act 1995 (NSW) Supreme Court Act 1970 (NSW) Cases Cited: Arrow Custodians Pty Ltd v Pine Forests of Australia Pty Ltd [2008] NSWSC 839; (2008) 14 BPR 149 Australian Securities & Investment Commission v Healey (No 2) [2011] FCA 1003 Australian Securities and Investments Commission v Vines [2005] NSWSC 1349 Aytul Ak-Tankiz v Ferat Ak & Ramazan Ak [2014] NSWSC 1044 Briginshaw v Briginshaw [1938] HCA 34; (1938) 60 CLR 336 Calverley v Green [1984] HCA 81; (1984) 155 CLR 242 Chamberlain (t/as capacity as liquidator of Gerard Cassegrain and Co Pty Ltd (in liq)) v Cassegrain [2015] NSWSC 1838 Cubillo v Commonwealth of Australia (No 2) [2000] FCA 1084; (2000) 103 FCR 1 Forgeard v Shanahan (1994) 35 NSWLR 206 Fulton v Fulton [2014] NSWSC 619 Maria Saravinovksa v Krste (Chris) Saravinovski; Chris Saravinovski v George Saravinovski (No 6) [2016] NSWSC 964 Morgan v 45 Flers Avenue Pty Ltd (1986) 10 ACLR 692 Napier v Public Trustee (1980) 32 ALR 153 Re Fettell (1952) 52 SR (NSW) 221 Sangha v Baxter [2009] NSWCA 78 Steinberg v Federal Commissioner of Taxation [1975] HCA 63; (1975) 134 CLR 640 Tory v Tory [2007] NSWSC 1078 Vendervell v Inland Revenue Commissioners [1967] 2 AC 291 Vines v Australian Securities and Investments Commission [2007] NSWCA 75; (2007) 73 NSWLR 451 Warner v Hung, in the matter of Bellpac Pty Ltd (Receivers and Managers appointed) (In liquidation) (No 2) [2011] FCA 1123; (2011) 297 ALR 56 Watson v Foxman (1995) 49 NSWLR 315 Whitehead v Whitehead [2002] NSWSC 486 Category: Principal judgment Parties: Brian Chetwynd (First Plaintiff) Jill Chetwynd (Second Plaintiff) Wincot Pty Ltd (Third Plaintiff)