17 Mar 2015
MCARTHUR RIDGE TRUSTEE LTD v FM CUSTODIANS LTD [2015] NZHC 496
- Citation
- [2015] NZHC 496
- Court
- High Court
The application to consolidate was dismissed because the first declaration (construction of the encumbrance) is a discrete, determinative issue suitable for immediate declaratory determination, whereas the second and third declarations are factually intertwined with issues in the Alemann proceeding (notably the status of the management agreement) and therefore should be stayed or determined within the Alemann proceeding; accordingly the Court stayed the second and third declarations and made ancillary procedural orders.