Falwasser v Olsen - Matata Parish 6A (2014) 107 Waiariki MB 74 (107 WAR 74) [pdf, 150 KB]
...and there will be no breach of trustees’ obligations, in that the proposed lease is, in the trustees assessment, the best land use that is currently available. [14] Mr Olsen says that the Court has appointed both Mr Gardiner and himself as responsible trustees. With regard to the lease, he says that there has been a long process, of negotiations (over 12 months), with WDC. Mr Olson says that the trustees have the authority and are empowered to enter into the lease as per clause...