15 Sept 2023
SAPPA v FLETCHER DISTRIBUTION LIMITED t/a PLACEMAKERS NEW LYNN [2023] NZHC 2582 [15 September 2023]
- Citation
- [2023] NZHC 2582
- Court
- High Court
The amended statement of claim discloses no arguable cause of action: SHL's alleged losses are barred by express exclusion clauses in the trade terms; Sappa as guarantor lacks subrogation until full payment and has no greater rights than SHL; the guarantee expressly authorised lodging caveats over guarantor's property so caveat claims are untenable; CGA is excluded because SHL was in trade and contractual terms exclude it; alleged Fair Trading claims attack dealings with SHL and are not pleaded as personal losses of the guarantor; accordingly the proceeding is struck out.