ALLIED CONCRETE LIMITED v JEFFREY PHILIP MELTZER AND LLOYD JAMES HAYWARD AS LIQUIDATORS OF WINDOW HOLDINGS LIMITED (IN LIQUIDATION) [2013] NZSC 102

ALLIED CONCRETE LIMITED v JEFFREY PHILIP MELTZER AND LLOYD JAMES HAYWARD AS LIQUIDATORS OF WINDOW HOLDINGS LIMITED (IN LIQUIDATION) [2013] NZSC 102

The Supreme Court granted leave to appeal and framed the approved question for determination: whether the Associate Judge and Court of Appeal were correct to conclude the payments to the applicants should be set-aside and that judgment should be entered against them; the substantive merits will be resolved on appeal.

Source-derived case information.

Citation
[2013] NZSC 102
Parties
Applicant: Allied Concrete Limited; Respondent: Jeffrey Philip Meltzer and Lloyd James Hayward as Liquidators of Window Holdings Limited (in liquidation); Applicant: Fences and Kerbs Limited; Respondent: Peter Esmond Farrell and Simon Paul Rogan as Liquidators of Contracting Engineering Limited (in liquidation); Applicant: Hiway Stabilizers New Zealand Limited
Court
Supreme Court
Jurisdiction
New Zealand
Judgment Date
24 October 2013
Procedural Posture
Supreme Court – Application for Leave to Appeal / Leave Granted
Outcome
Leave to appeal granted in respect of all applications
Legal Topics
Preferences, Voidable Transactions, Set Aside of Payments, Liquidators' Powers, Leave to Appeal
Insolvency Company Law Civil Procedure Equity and Restitution Preferences Voidable Transactions Set Aside of Payments Liquidators' Powers +1 more

Source-derived case record

Summary, issues, holding and outcome

More case intelligence is available

Unlock the full research layer for this judgment.

Legal principles 2 Party arguments 2
Sign in to unlock

Parties

Allied Concrete Limited

Applicant

Jeffrey Philip Meltzer and Lloyd James Hayward as Liquidators of Window Holdings Limited (in liquidation)

Respondent

Fences and Kerbs Limited

Applicant

Peter Esmond Farrell and Simon Paul Rogan as Liquidators of Contracting Engineering Limited (in liquidation)

Respondent

Hiway Stabilizers New Zealand Limited

Applicant

Procedural Posture

Supreme Court – Application for Leave to Appeal / Leave Granted

  1. 1 Whether payments made to the applicants should be set-aside and judgment entered against them
  2. 2 Whether the payments constituted voidable preferences under insolvency law
  3. 3 Whether recipients have a defence (good faith/value) to liability for return of payments

Ratio Decidendi

The Supreme Court granted leave to appeal and framed the approved question for determination: whether the Associate Judge and Court of Appeal were correct to conclude the payments to the applicants should be set-aside and that judgment should be entered against them; the substantive merits will be resolved on appeal.

Court Disposition

Leave to appeal granted in respect of all applications

Orders

  • Leave to appeal is granted in respect of all applications.
  • Approved question: whether the Associate Judge and Court of Appeal (as the case may be) was correct to conclude that the payments made to Allied Concrete Ltd, Hiway Stabilizers New Zealand Ltd and Fences and Kerbs Ltd should be set-aside and that judgment should be entered against them accordingly.