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High Court of New Zealand Decisions |
Last Updated: 11 March 2016
IN THE HIGH COURT OF NEW ZEALAND CHRISTCHURCH REGISTRY
CIV-2015-409-000474 [2016] NZHC 310
UNDER
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the Trustee Act 1956
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BETWEEN
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JOHN WILLIAM POWELL AND CHARLOTTE TERESA GAVIN AS TRUSTEES OF THE BELFAST
COMMUNITY TRUST
Plaintiffs
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AND
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MARK JAMES LEICESTER ROUNTREE AND HAYLEY KIM POWELL AS TRUSTEES OF THE
BELFAST COMMUNITY TRUST Defendants
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AND
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ATTORNEY-GENERAL Interested Party
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Hearing:
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(Determined on the papers)
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Counsel:
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J Moss for Plaintiffs
S M Grieve for Defendants
K Muller and A Dixon for Attorney-General
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Judgment:
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29 February 2016
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JUDGMENT OF DAVIDSON J (By Consent)
[1] The plaintiffs and the defendants were trustees of the Belfast
Community
Trust.
[2] A lengthy background of dispute about trusteeship led to this litigation, which included an application for removal of trustees and appointment of an institutional
trustee.
POWELL & GAVIN AS TRUSTEES OF THE BELFAST COMMUNITY TRUST v ROUNTREE & POWELL AS TRUSTEES OF THE BELFAST COMMUNITY TRUST [2016] NZHC 310 [29 February 2016]
[3] The Attorney-General, as protector of charities, was joined as an
interested party.
[4] Counsel have advised the Court that settlement in principle has
been reached whereby Perpetual Guardian Trust will be appointed
in place of the
defendants, with the proceedings discontinued, and costs and disbursements fixed
and paid. This course has been approved
by the Attorney-General and counsel have
referred the proposed settlement to the Court for approval under the
Court’s supervisory
jurisdiction over trusts and trustees.
Orders
[5] The Court orders:
(1) Settlement is approved as recorded in counsel’s joint
memorandum dated 23 February 2016 and filed on 24 February 2016.
(1) The Belfast Community Trust is to pay to the plaintiffs on account
of costs and disbursements $8,768, and to the defendants
on account of costs,
$4,460.
(2) The Court file is to be closed upon the filing of a discontinuance
by the plaintiffs, which should follow only when settlement
has been executed in
all respects, including appointment of the new
trustee.
....................................
Davidson J
Solicitors:
Symphony Law Ltd, Christchurch for the Plaintiffs
Jai Moss, Barrister, Christchurch for the Defendants
Crown Law, Wellington for the Attorney-General
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URL: http://www.nzlii.org/nz/cases/NZHC/2016/310.html