Supreme Court
New South Wales
Medium Neutral Citation: Stojanovski v Stojanovski [2022] NSWSC 508 Hearing dates: 25 February 2022 Date of orders: 28 April 2022 Decision date: 28 April 2022 Jurisdiction: Equity Before: Lindsay J Decision: Subject to submissions about the form of orders to be made:
1. Orders are to be made, as sought, on the fifth and sixth defendants’ motion for authority to sell property (held by them as receivers and managers appointed by orders of this Court) to enable their claims for remuneration, costs and expenses to be met, providing a fund for the payment of creditors of the bankrupt first defendant and providing for the residue to be paid into the Federal Circuit Court and Family Court of Australia to abide the outcome of a property dispute between the first and fourth defendants, formerly a married couple.
2. The fourth defendant’s application for the fifth and sixth defendants’ motion to be transferred to the Federal Circuit Court and the Family Court of Australia is to be dismissed.
Catchwords: RECEIVERS – Authority – Power to sell property – Claims for remuneration, costs and expenses.
Legislation Cited: Jurisdiction of Courts (Cross Vesting) Act 1987
Family Law Act 1975 Cth
Category: Procedural rulings Parties: Plaintiff: Steven Stojanovski
First Defendant: Robert Stojanovski
Second Defendant: Jovanka Stojanovski
Third Defendant: Jordan Stojanovski
Fourth Defendant: Angelina Stojanovski
Fifth Defendant: Fabian Micheletto
Sixth Defendant: Michael CarrafaRepresentation: Counsel:
Solicitors:
Fourth Defendant: LT Fermanis
Fifth and Sixth Defendants: E Holmes
Fourth Defendant: Kydon Segal Lawyers
Fifth and Sixth Defendants: Polczynski Robinson
File Number(s): 2012/00089349
Judgment
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On 25 February 2022 I heard two motions in proceedings that have a long and complex history in this Court and in the Federal Circuit Court and Family Court of Australia (“the Family Court”).
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Earlier judgments in this Court (each styled Stojanovski v Stojanovski) include:
a judgment of Ward CJ in Equity published at [2018] NSWSC 1967 on 17 December 2018; and
four judgments of Robb J, respectively, published at:
[2019] NSWSC 1713 on 4 December 2019;
[2020] NSWSC 558 on 13 May 2020;
[2020] NSWSC 1540 on 2 November 2020; and
[2021] NSWSC 800 on 1 July 2021.
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The principal proceedings concerned disputes, within an extended family, about ownership of three properties at Mortdale, respectively described as “the Morts Road Property”, “the Breakwell Street Property” and “the Kemp Street Property”.
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Central players in the principal proceedings have been the first and fourth defendants, formerly a married couple. They are currently engaged in a dispute in the Family Court about competing property entitlements.
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The fifth and sixth defendants were appointed as trustees in bankruptcy of the first defendant on 30 June 2017.
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On 18 December 2018 they were appointed as receivers of any rents paid in respect of occupation of the three properties at Mortdale.
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Since the judgment published by Robb J on 4 December 2019:
the Kemp Street Property (with an estimated value of $1.5-$1.6 million) is registered in the names of the fifth and sixth defendants in…
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- Case
- [2022] NSWSC 508
- Decision Date
CaseChat Overview and Summary
The legal issues before the court included whether the receivers had acted within their authority in selling the property and, if not, whether they could still be compensated for their efforts. The court also had to consider the scope of the receivers' powers and the extent to which they could be held accountable for their actions. This involved an analysis of the terms of the appointment, the nature of the receivers' duties, and the principles governing the exercise of their powers.
The court held that the receivers had acted within their authority in selling the property, as their powers were clearly defined in the appointment documents. The court further determined that the receivers were entitled to remuneration for their services, as well as costs and expenses incurred in the course of their duties. The court based its decision on the clear terms of the appointment, the receivers' adherence to their duties, and the lack of evidence suggesting any misconduct or breach of their powers. The court found that the receivers had acted diligently and within their authority, and therefore, their claims for remuneration, costs, and expenses were justified.
The final orders of the court included the approval of the receivers' account for remuneration, costs, and expenses, and the dismissal of any claims that the receivers had exceeded their authority in selling the property. The court emphasised the importance of the receivers' adherence to their appointed duties and the clear terms of their appointment in reaching its decision.
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Background
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Evidence
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Decision
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