10 Jul 2015
SCHULZ v MCARTHUR RIDGE INVESTMENTS LTD [2015] NZCA 298
- Citation
- [2015] NZCA 298
- Court
- Court of Appeal
The emails did not themselves conclude a binding settlement of the winery litigation; however, objectively the parties intended to be legally bound to follow the multi‑step process set out in the signed emails. That process contract is enforceable and sufficiently certain in its material terms (notably the $30,000 payment and the objectively ascertainable range for legal costs) but any settlement of the winery litigation was conditional on completion of the steps under the first and second headings; therefore no concluded settlement had been achieved and the appeal was dismissed.