Wall v Karaitiana - Tauhara Middle 15 Trust (2008) 87 Taupo MB 107 (87 TPO 107) [pdf, 14 MB]
...either 811 }Iwestor is abJe to manage those risks Q£ tbe investor cBnofford to lose money (or assets) Such factors are obviously far more ll])porlant for entities such as Ahu Whenua Tms/s 1I'ho, b)' Uwir nature, arc lJOt (in geneml teFl])s) permit/cd /0 be risk takers. Paragraphs 7 and 8 of Uw Jeller concede that this is a risk ]ViUl Ule deposlt hOll'ever nothllJg of subs/ance (fi'OJ)} UJe leller) is aV8JJabJc to offset UJat risk. In ordlIJ8T), commCTcial terms J con...