4 Jul 2016
THALLER v TROTTER [2016] NZHC 1508
- Citation
- [2016] NZHC 1508
- Court
- High Court
The Epsom property was introduced into the partnership capital and partners held equal shares in partnership assets; Mr Trotter nominated the trustees as purchasers of Oakdale to defeat Mr Thaller's imminent rights under the Act and the disposition is therefore set aside under s44 by ordering transfer of Oakdale to Mr Thaller and Mr Trotter as tenants in common in equal shares subject to a debt back to the trustees; the trust debt to Mr Trotter of $223,681 included $120,000 as his separate property and the balance is relationship property; no extraordinary circumstances justified unequal shar…