• Beneficiaries of the Port Nicholson Block Settlement Trust (PNBST) have mounted a last-minute bid to stop the sale of Shelly Bay.

Documents for an urgent Waitangi Tribunal hearing will be filed on Tuesday morning.

Last week the trust confirmed it had entered a joint venture with the Wellington Company, the property development company of Ian Cassels, just months after its thousands of members voted down a different proposal with the same company.

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An artist’s impression of a joint venture development at Shelly Bay by the Port Nicholson Block Development Trust and The Wellington Company.