Sales boss exits after merger of Christchurch operations.
Bill Patterson had set up trusts for Russian oligarch Sergei Pugachev.
"There’s 200,000+ family trust’s in Nz right now with equal amounts of independence between settlor and trustees. A trustee can never be independent and make independent decisions if the right to sack them rests in the settlors or agents of the settlor. "
High-profile lawyer launches site where lawyers can bid for cases.
"This auction house will give Chen Palmer, through Chen's ownership, access to all the information and deals you have entered into the system to auction for or from. Yeah ... nah"
AJ Park head says others will follow.
"This kind of structure has been a disaster in the Accountants space, and is generally based on greed of the current partners."