Matchitt v Butler - Matangareka 3B Ahu Whenua Trust (2016) 154 Waiariki MB 261 (154 WAR 261) [pdf, 226 KB]
...neighbouring Orete 2 block. 154 Waiāriki MB 268 The Law [32] It is settled law that a trustee cannot allow any conflict between personal interests and their fiduciary duties to beneficiaries. 6 In Naera v Fenwick, the Court of Appeal found that even a potential conflict of interest can render a transaction improper, and in such circumstances a trustee cannot participate in decision making without the informed consent of all the beneficiaries or of the Court. 7 If...