22 Feb 2011
WILLIAMS V SIMPSON HC HAM CIV 2010-419-1174
- Citation
- openlaw-51a32e9c_fa82_4eb7_bbd5_7e0ea0674b6d.pdf
- Court
- High Court
The Court exercised its power under s 8 to grant assistance to the English trustee by ordering the Official Assignee to pay net realised New Zealand funds to the English trustee after authorised deductions (estate costs and disbursements, specified New Zealand creditor debts, solicitors' fees within set limits and a short continuation of the debtor's allowance) and permitting a contingency retention of up to $20,000; the Court refused payment to the B V Adams No 2 Family Trust claim because of related‑party links and disputed ownership issues more appropriately determined in the English bankr…