12 Oct 2018
WALLACE HOMES LIMITED v PEARLFISHER TRUSTEE LIMITED [2018] NZHC 2654
- Citation
- [2018] NZHC 2654
- Court
- High Court
The second proposal was a formal offer which Pearlfisher issued and Wallace Homes accepted, creating a conditional binding loan contract containing the essential terms and immediate obligations to pay the financial arrangement fee and establishment fee; Wallace Homes failed to establish an arguable genuine dispute as to the debt and the statutory demand must not be set aside.