20 Aug 2008
ORONGOMAI RESERVE LIMITED V CASHMERE LAKES RESERVE LIMITED AND ANOR HC CHCH CIV 2005-409-002171
- Citation
- openlaw-46fe2424_cfa7_4276_8638_d5bdc1276439.pdf
- Court
- High Court
The Court exercised its discretion to modify the defendants' proposed settlement terms to give the plaintiff a reasonable commercial period to raise funds (one calendar month), fixed costs on a 2B basis at $1,880, and authorized retention of specified sums ($17,799.59 and $50,000) in the first defendant's solicitors' trust account pending resolution of joint liability and chattels/damage issues, with liberty to apply further.