KRUKZIENER V HANOVER FINANCE LTD HC AK CIV-2007-404-002896
No final substantive ratio was delivered. The judge initially ordered post-judgment interest at the contractual rate but then recalled that order to allow reconsideration in light of authority not previously drawn to the court's attention.
- Citation
- openlaw-aeaa7e7a_3d28_4738_b3b3_9d129146e630.pdf
- Parties
- Judgment Debtor: Andrew Mark Krukziener; Judgment Creditor: Hanover Finance Limited
- Court
- High Court
- Jurisdiction
- New Zealand
- Judgment Date
- 17 February 2009
- Procedural Posture
- Civil (post Judgment Interest) / Hearing on Post Judgment Interest; Earlier Order Recalled Pending Reconsideration
- Outcome
- Earlier order awarding post-judgment interest at the contractual rate recalled; decision reserved for further consideration.
- Legal Topics
- Post Judgment Interest, Contractual Interest Rate, Recall of Judgment, High Court Rules R 11.5
Case Brief
Summary, issues, holding and outcome
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Parties
Andrew Mark Krukziener
Judgment Debtor
Hanover Finance Limited
Judgment Creditor
Procedural Posture
Civil (post Judgment Interest) / Hearing on Post Judgment Interest; Earlier Order Recalled Pending Reconsideration
Legal Issues
- 1 Whether post-judgment interest should be payable at the contractual rate
- 2 Whether the court should recall its earlier order and reconsider the point in light of authority not previously cited
Ratio Decidendi
No final substantive ratio was delivered. The judge initially ordered post-judgment interest at the contractual rate but then recalled that order to allow reconsideration in light of authority not previously drawn to the court's attention.
Court Disposition
Earlier order awarding post-judgment interest at the contractual rate recalled; decision reserved for further consideration.
Orders
- Earlier order awarding post-judgment interest at the contractual rate is recalled.
- Court will deliver a fresh decision on post-judgment interest within the next day or so.
Full Case Text
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