WLD Practice Holdings Pty Ltd, in respect of the WLD Practice Holdings Trust v Sara Stockham and Anor [2020] NSWSC 464

Supreme Court New South Wales

Medium Neutral Citation: WLD Practice Holdings Pty Ltd, in respect of the WLD Practice Holdings Trust v Sara Stockham and Anor [2020] NSWSC 464 Hearing dates: On the papers Decision date: 29 April 2020 Jurisdiction: Equity - Expedition List Before: Sackar J Decision: See paras [51]-[55] Catchwords: EQUITY — Trusts and trustees — Judicial advice — Interpretation of trust instrument — Where trust governed by Unitholders Agreement — Whether action proposed to be taken by the trustee is valid under the Unitholders Agreement Legislation Cited: Trustee Act 1925 (NSW). Cases Cited: Booker Industries Pty Ltd v Wilson Parking (Qld) Pty Ltd (1982) 149 CLR 600 Macedonian Orthodox Community Church St Petka Incorporated v His Eminence Petar the Diocesan Bishop of the Macedonian Orthodox Church of Australia and New Zealand (2008) 237 CLR 66 Sino Iron Pty Ltd v Mineralogy Pty Ltd [2019] WASCA 80 Sudbrook Trading Estate Ltd v Eggleton [1983] 1 AC 444 WLD Practice Holdings Pty Ltd, in respect of the WLD Practice Holdings Trust v Sara Stockham and Anor [2020] NSWSC 395 Texts Cited: n/a Category: Principal judgment Parties: WLD Practice Holdings Pty Ltd, in respect of the WLD Practice Holdings Trust (plaintiff) Sara Stockham (first defendant) Sara Stockham Pty Ltd (second defendant) Representation: Counsel: C Bova SC, D Reynolds (plaintiff) V Gray (defendants)

Solicitors: Russell Kennedy Aitken lawyers (plaintiff) Tony Gye Law (defendants) File Number(s): 2020/72732