Privy Council Wellington
9, 23 July 1990
Lord Keith of Kinkel, Lord Templeman, Lord Griffiths, Lord Ackner and Lord Lowry
9, 23 July 1990
Lord Keith of Kinkel, Lord Templeman, Lord Griffiths, Lord Ackner and Lord Lowry
Matrimonial property — Valuation of shares in a private farming company — Capital of company was $1000 — Husband's single $1 A share carried control of company in which 999 B Shares were held by trust for children — Courts held that the single A share was worth $150,000 when company was worth $800,000 — Husband contended that share was worth only $10,000 — Whether valuation of $150,000 should be disturbed on appeal — Appeal from [1987] 1 NZLR 85.
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