OOI v TING [2016] NZHC 2583
The Declaration of Trust proved that the defendant held his registered interest on trust for the plaintiff and breached that trust by refusing to transfer; accordingly, pursuant to s 52(1)(g) Trustee Act 1956 the Court vested the defendant's right, title and interest absolutely in the plaintiff and authorised the Registrar to record the transfer; indemnity costs were awarded against the defendant for his conduct.
- Citation
- [2016] NZHC 2583
- Parties
- Plaintiff: Janet Ooi; Defendant: George Ting
- Court
- High Court
- Jurisdiction
- New Zealand
- Judgment Date
- 28 October 2016
- Procedural Posture
- Declaration of Trust / Vesting Order / Formal Proof Hearing (judgment)
- Outcome
- Vesting order granted; defendant's registered interest vested absolutely in the plaintiff; indemnity costs awarded to plaintiff.
- Legal Topics
- Declaration of Trust, Vesting Order Under Trustee Act, Breach of Trust, Costs Indemnity
Case Brief
Summary, issues, holding and outcome
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Parties
Janet Ooi
Plaintiff
George Ting
Defendant
Procedural Posture
Declaration of Trust / Vesting Order / Formal Proof Hearing (judgment)
Legal Issues
- 1 Whether the Declaration of Trust (17 June 2010) established that the defendant held his legal interest on trust for the plaintiff
- 2 Whether the defendant breached that Declaration of Trust and whether the appropriate remedy is a vesting order
- 3 Whether s 52(1)(g) of the Trustee Act 1956 authorises vesting of the defendant's interest in the plaintiff
Ratio Decidendi
The Declaration of Trust proved that the defendant held his registered interest on trust for the plaintiff and breached that trust by refusing to transfer; accordingly, pursuant to s 52(1)(g) Trustee Act 1956 the Court vested the defendant's right, title and interest absolutely in the plaintiff and authorised the Registrar to record the transfer; indemnity costs were awarded against the defendant for his conduct.
Court Disposition
Vesting order granted; defendant's registered interest vested absolutely in the plaintiff; indemnity costs awarded to plaintiff.
Orders
- The property at 71 De Havilland Drive, Goodwood Heights, Auckland (Lot 13 DP 184174 CT NA115A/431) is held on trust for the sole benefit of the plaintiff, Janet Ooi.
- Pursuant to s 52(1)(g) Trustee Act 1956 the right, title and interest of the defendant, George Ting, in the property is vested absolutely in the plaintiff, Janet Ooi.
Full Case Text
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