1 Dec 2014
JAN CAROLINE KITE v GRAEME HODGE [2014] NZHC 3025
- Citation
- [2014] NZHC 3025
- Court
- High Court
The court held that Graeme breached clause 7.3 of the David Hodge Trust by participating in and signing the resolution that approved a capital distribution to himself, and that Graeme and Ms De La Rue breached clause 7.1 of the Kite Family Trust by failing to provide David with the opportunity to vote or express his opinion on the proposed capital distribution; accordingly declarations of breach were made and all present trustees were removed with the Public Trust appointed as sole trustee of the four trusts.