5 Nov 2019
SPARKS v OLLIVER TRUSTEE CO LTD (IN LIQ) [2019] NZHC 2877
- Citation
- [2019] NZHC 2877
- Court
- High Court
Leave under s248(1)(c) was granted because the applicant's proposed PRA claim was not clearly unsustainable and could not be dealt with in liquidation; Bank of New Zealand was permitted to intervene because it demonstrated a direct and substantial interest likely to be affected by registration of a second notice, could provide material valuation and debt evidence improving the information before the Court, and the liquidator would not otherwise advance those matters; intervention scope set to the minimum necessary to protect the bank's interests.