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Smith & Caughey-related trust has a multimillion-dollar choice

Auckland City Hospital could be in for a windfall.

Andrew Bevin Wed, 07 Aug 2019

The future of a multimillion-dollar share of the Smith & Caughey retail empire in Auckland is up in the air after a High Court ruling.

It relates to the trust behind the Caughey Preston Rest Home, which shut its doors in 2017 after running into financial trouble.

The charitable trust was set

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Andrew Bevin Wed, 07 Aug 2019
Contact the Writer: andrew@nbr.co.nz
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Smith & Caughey-related trust has a multimillion-dollar choice
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