20 Oct 2017
ANGELA CLAIRE SHAW AND IAN ALEXANDER SHAW v COLIN DAVID OWENS AND DAVID STUART VANCE AS THE LIQUIDATORS OF ALUMINIUM PLUS WELLINGTON LIMITED [2017] NZSC 160
- Citation
- [2017] NZSC 160
- Court
- Supreme Court
The Supreme Court granted a short extension of time but dismissed leave to appeal because the issues were fact-specific, the Court of Appeal's finding that the directors breached duties by releasing the Trust's obligations (thereby rendering Aluminium Plus insolvent) was open on the evidence, and there was no matter of general or commercial importance nor a risk of miscarriage of justice warranting further appeal.