7 Jul 2023
CLIENT TRUSTEE SERVICES LIMITED v LAURA MICHELLE KHODAVERDI [2023] NZHC 1772
- Citation
- [2023] NZHC 1772
- Court
- High Court
CTSL was removed and the Public Trust appointed because the settlor/trustee Laura was unresponsive rendering the trust unable to function and removal/replacement could not be effected under the deed without court assistance; statutory criteria in s112 and s114 were satisfied; the Public Trust had been served and indicated willingness to accept appointment; the s133 application for directions regarding the Family Court proceedings was adjourned because the replacement trustee's position must be known before binding directions are given.