New Zealand Case Law: Decisions & Judgments | LexChat

New Zealand Case Law

Resulting trust and beneficial ownership
  • 2 Jul 2014

    M A H v 168 GROUP LTD [2014] NZHC 1520

    Citation
    [2014] NZHC 1520
    Court
    High Court

    On the balance of evidence the High Court concluded Mr H did not dispose of the College Street sale proceeds in order to defeat Ms P's rights because Ms P knew she was not the beneficial owner and had agreed to lend her name for a fee; accordingly s44 was not established and the Family Court lacked jurisdiction to make orders under s44(2) against 168 Group Ltd (which also lacked proper notice).

    • Section 44 disposition to defeat rights
    • Resulting trust and beneficial ownership
    • Intermingling and tracing of funds
    • Notice to affected persons (s37)
    • Potter v potter evidential estoppel
    • Classification of relationship property