NOTE: ANY REPORT OF THIS PROCEEDING MUST COMPLY WITH SS 11B, 11C AND 11D OF THE FAMILY COURT ACT 1980. FOR FURTHER INFORMATION, PLEASE SEE
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IN THE HIGH COURT OF NEW ZEALAND AUCKLAND REGISTRY
I TE KŌTI MATUA O AOTEAROA TĀMAKI MAKAURAU ROHE
CIV-2020-404-000404
[2023] NZHC 715
BETWEEN SHERYL ANN MACNAMARA
Plaintiff
AND
NOEL JAMES MACNAMARA
Defendant
CIV-2020-404-000646 BETWEEN
NOEL JAMES MACNAMARA
PlaintiffAND
SHERYL ANN MACNAMARA
First Defendant
Continued overleaf…
Hearing: 15 March 2023 Appearances:
L J Kearns KC for Ms Macnamara N J Macnamara in person
J P Cundy for the trustees of the Macnamara Home Trust and the Macnamara Family Trust
Judgment:
3 April 2023
JUDGMENT OF WYLIE J
(Application for directions)
This judgment was delivered by Justice Wylie
On 3 April 2023 at 2.00 pm Pursuant to r 11.5 of the High Court Rules
Registrar/Deputy Registrar Date:…………………………
MACNAMARA v MACNAMARA [2023] NZHC 715 [3 April 2023]
Continued from previous page
BETWEENSHERYL ANN MACNAMARA, NOEL JAMES MACNAMARA AND GRAHAM
LINCOLN WILFRED CRAIG as trustees of the MACNAMARA HOME TRUST
Second Defendants
ANDSHERYL ANN MACNAMARA, NOEL JAMES MACNAMARA AND GRAHAM
LINCOLN WILFRED CRAIG as trustees of the MACNAMARA FAMILY TRUST
Third Defendants
Solicitors/counsel:
Shieff Angland Lawyers/L J Kearns KC/J S Langston, Auckland Claymore Partners Ltd/B O’Callahan, Auckland
J Cundy, Auckland
Introduction
[1] The applicants, Christopher Darlow and William Patterson (the trustees), are the trustees of the Macnamara Home Trust (the Home Trust) and the Macnamara Family Trust (the Family Trust—jointly the Trusts). They have applied to the Court for directions under s 133 of the Trusts Act 2019 (the Act).
[2] Mr Macnamara has filed a memorandum. He opposes the application in part. He has not filed a formal notice of opposition but no issue was taken with this.
[3] Ms Macnamara, through her counsel, Ms Kearns KC, actively supported the trustees’ application. She also sought to clarify some issues from her perspective.
Background
[4] The background to this matter was comprehensively set out in my judgment of 23 March 2022.1 It can be summarised relatively briefly for present purposes.
[5] Mr and Mrs Macnamara married in February 1991 and they separated in February 2019. During their marriage they acquired numerous assets. When they separated, most of their assets were owned by the then trustees of one or other of the Trusts that they had settled during their marriage. The then trustees of the Home Trust owned the family home at Karaka and a holiday home in Pauanui; the then trustees of the Family Trust owned 998 of 1,000 shares in a company known as Oneheat Ltd (Oneheat).
[6] Following their separation Mr and Ms Macnamara were unable to agree on what was to happen to the Trusts’ various assets. Their disagreements were such that the Trusts were not able to be properly administered. Both parties filed proceedings but before these could be heard, they agreed to the resignation of the then trustees of both Trusts, the appointment of…
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- [2023] NZHC 715
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