21 Dec 2023
LU TRUSTEE LTD v PARKLANE INFRASTRUCT LTD (IN LIQ) [2023] NZHC 3848
- Citation
- [2023] NZHC 3848
- Court
- High Court
The presumption that costs follow discontinuance under r15.23 was displaced because the plaintiffs effectively succeeded: the defendant was placed into liquidation by shareholders before the first call making the proceedings unnecessary; accordingly the defendant was ordered to pay costs on a 2B basis and disbursements totaling NZD 5,405.55.