17 May 2016
CODYMO TRUSTEES LIMITED v PAUL RAYMOND CHAPMAN [2016] NZHC 1007
- Citation
- [2016] NZHC 1007
- Court
- High Court
The Court, exercising s66 Trustee Act 1956 and its inherent jurisdiction as guardian of trusts, approved the trustees entering into the settlement resolving the dispute over the Asteron investment portfolio and directed that the deeds executed in escrow take effect, thereby enabling the trustees to obtain the protections of s69 as applicable.