Naera v Fenwick - Whakapoungakau 24 Block (2011) 34 Waiariki MB 151 (34 WAR 151) [pdf, 193 KB]
...submitted that the resolutions were purportedly passed in the knowledge that an injunction had been sought and this shows a lack of respect for the Court and a lack of good faith with the owners, which is consistent with the trustees’ behaviour throughout these proceedings. Failure to obtain independent advice [24] In accordance with the Court’s earlier directions the Respondents were ordered to obtain independent advice. They received advice from Price Waterhouse Coopers (...