New Zealand Case Law: Decisions & Judgments | LexChat

Topic

Conditions of discharge

Legal area

Court

17 Jun 2022

HUANG v QEYNOS NZ LTD [2022] NZHC 1426

Citation

[2022] NZHC 1426
Court

High Court

Early discharge granted because the Official Assignee reported administration complete and there was no purpose in continuation for the proved creditors; applicant demonstrated cooperation and rehabilitation efforts, offsetting concerns about past conduct, but risk to the commercial community justified conditional discharge with prohibitions on personal guarantees and business involvement until the date of automatic discharge (6 July 2023).
29 Jan 2013

PAUL DAVID JOSEPH HARRIS V TR GROUP LIMITED HC CHCH CIV-2011-409-002560

Citation

openlaw-7963996d_98ce_44fa_8deb_232b83df852a.pdf
Court

High Court

Early discharge granted because the Official Assignee supports discharge subject to payment of her costs, the proposed scheme will deliver a 51 cent-in-the-dollar dividend to listed creditors funded by third parties, the applicant will resign from directorships and be employed without managerial control, and public interest is protected by imposing a prohibition on acting as director or engaging in management until 15 March 2016.