26 May 2020
An application by KELLY and QUINLAN re HALIFAX NEW ZEALAND LIMITED (IN LIQUIDATION) [2020] NZHC 1112
- Citation
- [2020] NZHC 1112
- Court
- High Court
The Court approved payment of the liquidators' and trustees' remuneration and expenses as properly and reasonably incurred and authorized payment from the identified trust and co‑mingled accounts (including the IB NZ master account), accepting that where work relates to trust assets apportionment is impractical and that fees may be paid in Australian dollars.