Wellington Standards Committee v Hall [2012] NZLCDT 7 [pdf, 117 KB]
...of Tauhara 15 were experienced trustees. 9.3 There was no loss occasioned by the transaction. 9.4 There is such a commonality of interest as to negate any allegation of conflict. [10] For completeness the Society’s response is as follows: 10.1 A conflict did exist. 10.2 Such conflict was not cured by independent advice, as Ms Hall advised Tauhara 15 that that advice was wrong, she further invited them to reject that advice and gave active advice as to the merits of the transa...