23 Sept 2020
BANK OF NEW ZEALAND v BATCHELOR [2020] NZHC 2489
- Citation
- [2020] NZHC 2489
- Court
- High Court
Because the defendants had validly guaranteed CSAL's obligations, defaults and formal demands occurred, defendants failed to pay and filed no defence or any arguable defence, the court was entitled to and did grant summary judgment against both defendants for the specified judgment amount plus costs and continuing interest at the contractual default rates.