Glover No 2 Limited v The Glover Trust Limited, Bailey Trustee Services Limited and Auckland West Legal Services Limited, and CIT Holdings Limited - SC 6/2014

Summary

Civil Appeal –Whether the Court of Appeal erred in concluding that the partie’s intention to create the bare trust was unmistakeable – Whether the Court of Appeal erred in finding that the trust structure was used to achieve the best result for the beneficiaries of the Glover No 2 Trust – Whether the Court of Appeal erred when it held that the deed of bare trust was not severable from the other bundle of documents executed on the same day due to its status as a “rogue” document – Whether the Court of Appeal failed to consider the argument that it was against public policy to enforce this document.[2013] NZCA 608 CA 194/2013

Result

Application for leave to appeal dismissed. Cost to the respondents $2,500.00
7 May 2014

Related Documents

Additional Information

GLOVER NO 2 LTD V THE GLOVER TRUST LTD, BAILEY TRUSTEE SERVICES LTD AND AUCKLAND WEST LEGAL SERVICES LTD CA194/2013  [2013] NZCA 608