Andrew v Wano - Tataraakina C Trust (2025) 117 Tākitimu MB 251 (117 TKT 251) [pdf, 250 KB]
...[78] Until these amounts are repaid, the former trustees stand as debtors to the trust. This will mean that they are not eligible for nomination for election as trustees at any time in the future until those amounts have been repaid. [79] The responsible trustee will ascertain the views of the beneficial owners regarding repayment of the legal costs set out above and following that will provide a report to the Court. A final decision will then issue on the extent to which the forme...