8 Oct 2021
BOLTON & ANOR v BOLTON [2021] NZHC 2692
- Citation
- [2021] NZHC 2692
- Court
- High Court
Respondent's unauthorised use of estate property as security for personal debt, transfer of estate property to a company he controlled contrary to beneficiaries' agreement, failure to pay rates exposing properties to forced sale, long-standing failure to administer the estates efficiently, and clear conflict between his personal interests and duties as administrator made removal expedient under s 21; appointment of an independent trustee and vesting of titles under s 89 LTA 2017 was the suitable, practical and efficient remedy to protect beneficiaries' interests.