27 Jul 2007
CIR V KADESH FARM LIMITED HC ROT CIV-2006-463-000019
- Citation
- openlaw-3bb04713_11ce_498f_ad4e_a99dbed4f64d.pdf
- Court
- High Court
The court held the liquidators' claimed costs of $7,105.37 were reasonable because the liquidators continued to perform statutory duties until the liquidation was terminated, additional work was provoked by Allied Finance's legal action (justifying a farm visit, solicitor fees and further work), prior communications made clear earlier sums were only to that date and consent to termination was conditional on meeting liquidators' costs; there was insufficient evidence to determine whether banking the cheque constituted accord and satisfaction so the question of compromise remained unresolved pe…