14 Jul 2021
ANDERSON v DEMARCO [2021] NZHC 1757
- Citation
- [2021] NZHC 1757
- Court
- High Court
The court exercised its discretion under ss 36 and 37 to adjudicate DeMarco bankrupt because the s 13 requirements were satisfied, the debtor failed to comply with bankruptcy notices, the appeal was abandoned and lacked bona fides and merit, the debtor failed to disclose financial evidence of solvency, and halting would unjustly prejudice the judgment creditors.