In BWD Trading Acct Pty Ltd v Bellamon Pty Ltd (No 2) [2024] QSC 177, the Supreme Court of Queensland dealt with a trial application concerning the vesting of land in the applicant, BWD Trading Acct Pty Ltd, as trustee of the Bellamon Family Trust. The Court ordered that the land, located at 1 Riverside Parade, Trinity Park, be registered under the Applicant's name, removing the first respondent, Bellamon Pty Ltd (in liquidation), as the legal owner. Additionally, the Court addressed the distribution of costs, stating that the first respondent's costs would be covered on a standard basis, while a third respondent, associated with a mortgage, was entitled to indemnity costs due to its contractual agreement.
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