Waudby - Wharepuhunga 16B8 (2004) 107 Waikato MB 163 (107 W 163) [pdf, 5.2 MB]
...Trust in all other areas besides this one. I do not think that the Court's consideration of whether trustees acted reasonably is limited solely to the occasion on which the trustees committed the breach of trust. In my view the Court is permitted to balance the detriment to the beneficial owners which might have occurred through the breach against the good work done by the trustees in other areas. As Mr Clark pointed out, although this is not an action for a breach of trust...