New Zealand Case Law: Decisions & Judgments | LexChat

New Zealand Case Law

Consent to novation
  • 12 Apr 2013

    KAKARA ESTATE LIMITED V SAVVY VINEYARDS 3552 LIMITED COA CA178/2012

    Citation
    COA CA178/2012
    Court
    Court of Appeal

    Clause 1.2(c) expands the class of "party" to include original parties and their assigns, but the 2009 transfers from Goldridge to the Savvy companies were assignments not novations because Kakara never consented to the proposed novation (it was asked to sign the deed of novation and declined to do so) and the subsequent conduct of Kakara was not sufficiently clear and unequivocal to infer consent to create a new contract substituting the Savvy companies for Goldridge; therefore Goldridge remained a party whose liquidation validly triggered termination and the High Court declarations in favou…