Specific Performance of a Term Sheet between parties to a marriage
In Carnegie v Nelson-Carnegie [2023] NSWSC 1379 (15 November 2023), the Plaintiff and the Defendant had been married but separated in August 2008. They also controlled a number of corporate entities including M & T Carnegie Pty Ltd as trustee for the Mark and Tanya Carnegie Family Trust (MTC), Overby Stallings Holdings Pty Ltd (Overby) and, CF Group Investments Pty Ltd (CFG). The Plaintiff and the Defendant appointed an alternative director for each of the three companies.