Australia, May 4 -- New South Wales Land and Environment Court issued text of the following judgement on April 3:
1. These proceedings arise out of a change of ownership of a licensed trustee company (Australian Executor Trustees Ltd, "AET"), the holder of multiple appointments by the Court to the office of a manager of a "protected estate" of a "protected person" (that is, a person found by the Court to be incapable of managing his or her own affairs) within the meaning of section 38 of the NSW Trustee and Guardian Act 2009 NSW.
2. The proceedings specifically concern management of two separate protected estates the principal asset of which, in each case, comprises the proceeds of a substantial award of compensation for personal injuries...