31 Jul 2018
MATHESON v CLARE MATHESON TRUST LIMITED [2018] NZHC 1941
- Citation
- [2018] NZHC 1941
- Court
- High Court
There was no evidential basis to prevent the settlor exercising the clear power under the Trust Deed to remove the corporate trustee and appoint her nominated trustees; the Court granted the declaratory relief requested while imposing supervisory reporting and oversight measures to protect the beneficiaries and trust assets.