The fact is that it was ill conceived to allow anyone to "own" the quota. Effectively owning the fish. There will be $ involved, but this is the only way to get control back. And it does not matter who the owners are or how hard this may be. Still has to happen.
Plus it must be written into NZ law that no one, individual, company, or organisation of any kind, can ever own a quota or right in perpetuity again. Ownership of the fishery must remain with the NZ public.
MPI and the government need to man up and get on with this.