2 Jun 2015
VANCE v JEFFERYS [2015] NZHC 1202
- Citation
- [2015] NZHC 1202
- Court
- High Court
The Court found Mr Jefferys breached s136 by incurring GST obligations without reasonable grounds to believe Brooklyn Rise could meet them; Spinnaker was not a shadow director on the material before the Court; under s301 the appropriate compensation was fixed at $165,000 (80% of the two later unpaid GST liabilities) and costs awarded on a 2B basis for one hour.