8 Jun 2011
EDEN REFUGE TRUST and ORS v HOHEPA and ANOR HC AK CIV-2003-404-000539
- Citation
- openlaw-c1ae429f_15cc_441e_8890_26b3b332cb24.pdf
- Court
- High Court
The trust is entitled to recover $253,445.21 jointly and severally from the first and second defendants as equitable monetary relief for breach of trust and fiduciary duty; interest is payable from the dates of the wrongful drawings with simple interest payable on the principal against both defendants, compound interest awarded against the first defendant on the principal and against the second defendant on the specific sums he personally profited from ($13,911.94 and $52,491.78); exemplary damages of $10,000 awarded against the first defendant; costs and disbursements awarded as detailed (th…