Trusts & Trustees Advance Access originally published online on July 3, 2009
Trusts & Trustees 2009 15(6):498-502; doi:10.1093/tandt/ttp068
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© The Author (2009). Published by Oxford University Press. All rights reserved.
Sham and alter ego trusts in Australia and New Zealand—a recent perspective
Official Assignee in Bankruptcy v Wilson [2008] NZLR 45 and Raftland Pty Ltd v Commissioner of Taxation (2008) 82 ALJR 934
*D. G. Russell QC and B. L. Jones, Ground Floor Wentworth Chambers, 180 Phillip Street, Sydney NSW 2000, Australia. Tel: +61 (0)2 923 200; Email: russell{at}gibbschambers.com; jones{at}wentworthchambers.com.au; Website: www.wentworthchambers.com.au.
Two recent cases, one in Australia, the other in New Zealand, serve to highlight the possibility that a Court may look through what is ostensibly a trust by virtue of the doctrine of sham or alter ego.