17 Dec 2020
CLARKSON v CLARKSON [2020] NZHC 3382
- Citation
- [2020] NZHC 3382
- Court
- High Court
Given the ongoing dispute endangering the Trust's principal asset, the existence of detailed court directions winding up the Trust, the ability of a receiver to obtain insurance and operate under statutory duties to obtain the best price and act in good faith, and the impracticality of appointing a replacement independent trustee, the court removed Mr Meltzer as independent trustee and appointed him receiver to facilitate sale and distribution; the court also declared that Hugh and Ian were validly appointed trustees in November 1992 on the balance of probabilities.