21 Feb 2020
BODY CORPORATE 328392 v NORTHERN TRUSTEE SERVICES (NO. 145) LTD [2020] NZHC 235
- Citation
- [2020] NZHC 235
- Court
- High Court
The court, exercising its power under ss 319 and 320, will authorise entry by the applicant's contractors to erect scaffolding and undertake remedial works on specified terms including notice, a Method Statement, maintenance of access, insurance, an unconditional indemnity to the respondent for losses, a $60,000 cash bond held by a stakeholder, and leave to return to court for amendments or disputed claims; speculative lump sum compensation for delayed redevelopment was declined as premature and recoverable only if proven consequential loss arises.