STANLEY and BARBER v FIELDING-LINK [2023] NZHC 2259
The Court exercised its discretion under s8 ICBA to grant the assistance requested because the County Court had issued a letter of request, the relief sought was the kind of relief the High Court could grant if the matter had arisen in New Zealand, and the defendant failed to establish a compelling reason — including necessity or public policy conflict — to refuse assistance.
- Citation
- [2023] NZHC 2259
- Parties
- Plaintiff (joint Trustee in English Bankruptcy): Paul Stanley; Plaintiff (joint Trustee in English Bankruptcy): Paul Barber; Defendant (bankrupt): Kay Suzanne Fielding-Link
- Court
- High Court
- Jurisdiction
- New Zealand
- Judgment Date
- 21 August 2023
- Procedural Posture
- Cross Border Insolvency Assistance Under Insolvency (cross Border) Act 2006 S8 / Application for Recognition and Assistance; Judgment on Application
- Outcome
- Application granted
- Legal Topics
- Recognition of Foreign Trustees, Letters of Request, Section 8 ICBA Discretion, Comity and Modified Universalism, Trust Property and Disposition Challenges, Disclosure and Examination Orders, Enforcement and Realisation of Assets
Case Brief
Summary, issues, holding and outcome
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Parties
Paul Stanley
Plaintiff (joint Trustee in English Bankruptcy)
Paul Barber
Plaintiff (joint Trustee in English Bankruptcy)
Kay Suzanne Fielding-Link
Defendant (bankrupt)
Procedural Posture
Cross Border Insolvency Assistance Under Insolvency (cross Border) Act 2006 S8 / Application for Recognition and Assistance; Judgment on Application
Legal Issues
- 1 Whether the High Court should act in aid of an English bankruptcy court under s8 ICBA
- 2 Whether assistance may be refused because it would enable foreign officers to do what they could not do under the law that appointed them
- 3 Whether assistance was necessary for performance of the trustees' functions
Ratio Decidendi
The Court exercised its discretion under s8 ICBA to grant the assistance requested because the County Court had issued a letter of request, the relief sought was the kind of relief the High Court could grant if the matter had arisen in New Zealand, and the defendant failed to establish a compelling reason — including necessity or public policy conflict — to refuse assistance.
Court Disposition
Application granted
Orders
- Recognition in New Zealand of the plaintiffs' appointment as joint trustees in the English bankruptcy of Kay Suzanne Fielding-Link
- An order permitting the plaintiffs, by counsel, to examine Kay Suzanne Fielding-Link, Matthew Link and Mr Van Rossem as to the defendant's financial and asset position before the Court
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