Removing honest and well-intentioned trustees for incompetence

The Opepe Farm Trust has been plagued by mismanagement. The trial judge, Judge Harvey of the Maori Land Court, concluded that lending $1 million on an unsecured basis was a "reckless breach of trust". Not only did the Trust lose the $1 million but the Trust was put at risk for over $10 million of debt ... READ MORE

Released by NZ Lawyer - August 2013