24 Nov 2017
EXPORT FINANCE LTD v MELLSOP & Ors [2017] NZHC 2908
- Citation
- [2017] NZHC 2908
- Court
- High Court
The Deed of 21 February 2014 was unambiguous and dispositive; defendants failed to produce credible, corroborated evidence of any contradictory oral agreement or estoppel, failed to establish oppression under the CCCFA or that the default interest rate was a penalty, and therefore had no real defence to defeat summary judgment; accordingly judgment for the plaintiff was entered for the claimed amounts including default interest from 30 May 2017.