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High Court Wellington
CIV-2001-485-857
6, 7, 12, 13 April; 20 May; 19 October 2011
French J
CIV-2001-485-857
6, 7, 12, 13 April; 20 May; 19 October 2011
French J
Trusts and trustees — Breach of trust — Liability of trustees — Whether trustees personally liable — Exclusion clause in trust deed — Acting dishonestly — Trustee Act 1956, s 73.
Trusts and trustees — Duties of trustees — To produce records to beneficiary — Trustee not paid for work on records — Trustee facing litigation — Whether reasons for refusal to hand over records — Observation.
Trusts and trustees — Settlor — Contracting with trustees — Express prohibition — Limited liability company owned by settlor — Interpretation of “settlor”.