Takarangi - Hautu 2B1B2A No 3 (2017) 375 Aotea MB 42 (375 AOT 42) [pdf, 371 KB]
...could still negotiated with him. Mr Owen further stated that Mr Takarangi did not indicate to them that he did not want to sell the shares. [33] It is without controversy that trustees have a duty to act prudently. Trustees must exercise all care and diligence and skill that a prudent person in business would exercise in managing the affairs of other.11 No evidence has been produced that would justify keeping the funds on call account. It should have been clear to the trustees, at...