New Zealand Case Law: Decisions & Judgments | LexChat

Topic

Loan advances

Legal area

Court

5 May 2015

WENTZEL v MACDONALD [2015] NZHC 926

Citation

[2015] NZHC 926
Court

High Court

Summary judgment was granted because the evidence established the advances totalling $360,000 and that formal demand was made, the defendant raised no reasonably arguable defence, and interest was appropriately awarded at 5% per annum under the Judicature Act from the date of issue of proceedings.
7 Jun 2011

ZHU v CHEN AND ORS HC AK CIV-2009-404-3620

Citation

openlaw-b664987f_805d_4e6c_95de_ec0ea4f5b6a8.pdf
Court

High Court

On the balance of probabilities the plaintiff proved specific advances as identified in the judgment; judgment was entered for the plaintiff against specified defendants for the stated sums with specified pre‑judgment interest rates from the dates of advances and post‑judgment interest at the prescribed rate; increased or indemnity costs were declined and costs awarded on a 2B basis against the first defendant for claims where liability was found.