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High Court Wellington
CIV-2011-463-808; [2013] NZHC 301
13, 14, 15 August 2012; 22 February 2013
Rodney Hansen J
CIV-2011-463-808; [2013] NZHC 301
13, 14, 15 August 2012; 22 February 2013
Rodney Hansen J
Trusts and trustees — Powers of trustees — Sham trusts — Sole trustee discretionary beneficiary of trust — Unfettered power to distribute income and capital to himself — Power to wind up trust at any time — Whether trust a sham — Whether trust illusory.