19 Sept 2022
MONNERY v PARSONS [2022] NZHC 2401
- Citation
- [2022] NZHC 2401
- Court
- High Court
Associate Judge Johnston did not misunderstand the plaintiffs' case; the documents sought for discovery were irrelevant to the plaintiffs' pleaded losses because the immediate victim of the alleged misuse of IP was the company, Convendium, and shareholders lack proprietary rights in company assets such that plaintiffs could not base their personal loss on the company's lost profits except in exceptional cases; accordingly the recall and leave to appeal applications were dismissed and leave to appeal the costs judgment was refused; costs awards to defendants on a 2B basis less 20% were confirm…