LCRO 139/2020 MX v RJ and DJ (30 September 2021) [pdf, 252 KB]
...interest-bearing account earning interest of 0.75 per cent. [8] Subsequently, the funds were transferred to an account which returned a higher interest rate. The complaint and the Standards Committee decision [9] Ms MX lodged a complaint with the New Zealand Law Society Lawyers Complaints Service (NZLS) on 12 November 2019. The substance of her complaint was that: (a) the executors had failed to take steps to promptly invest sale proceeds at the most beneficial interest rate; a...