29 Mar 2018
ALLIGATORS FAST FOOD LIMITED v YEN WEI CHEN [2018] NZHC 587
- Citation
- [2018] NZHC 587
- Court
- High Court
Court struck out plaintiffs' personal claims in contract, deceit and contractual misrepresentation as statute-barred (events accrued in 2009–2010) and struck out one cause that disclosed no tenable cause; held claims for misappropriation of company assets and breach of directors' duties are not amenable to strike-out because fiduciary/trust exception, recent events and potential restoration orders could avoid limitation bars; plaintiffs must either obtain s165 leave and pursue a derivative claim in the District Court (with s328(6) application if needed) or amend and pursue a s174 oppressive c…