[2018] NZLCDT 1 Wellington Standards Committee 2 v Hay [pdf, 282 KB]
...sole director of his trustee company, IDH Trustees Limited (IDHT). [11] Although Mr Hay denies that at the time he received the advance from Ms C in December of 2011 that he was “in strife” financially, he spent the first four pages of his affidavit describing the circumstances to which he attributed his financial collapse by 2014. We note that the difficulties are described by Mr Hay as beginning with the global financial collapse in 2008, the death of one of his major referre...