14 Oct 2015
Re A V Stevenson [2015] NZHC 2528
- Citation
- [2015] NZHC 2528
- Court
- High Court
The Court approved the proposal because the statutory procedures under ss 327, 330–331 were complied with, the proposal was accepted by the required creditor majorities, the terms were reasonable and calculated to benefit the general body of creditors, and there was no expediency ground under s 333(3) to refuse approval.