New Zealand Case Law: Decisions & Judgments | LexChat

Topic

Part 13 companies act 1993

Legal area

Court

18 Apr 2008

ELDERS NEW ZEALAND LIMITED V PGG WRIGHTSON LIMITED SC 7/2008

Citation

ELDERS NEW ZEALAND LIMITED V PGG WRIGHTSON LIMITED SC 7/2008
Court

Supreme Court

The Court granted leave to appeal to determine whether a Part 15 amalgamation is equivalent in legal effect to a Part 13 amalgamation and whether the High Court's final order produced a single continuing company; the grant of leave does not decide these substantive issues.
1 Dec 2006

ELDERS NEW ZEALAND LIMITED V PGG WRIGHTSON LIMITED HC AK CIV 2006-404-1974

Citation

openlaw-7ecc4755_7c7f_4d13_abaf_388cd3bd0ef5.pdf
Court

High Court

A court-approved amalgamation under Part 15 has the same practical legal consequences as an amalgamation under Part 13; it does not constitute a transfer or disposition by the amalgamating company that would trigger contractual pre-emptive rights — Wrightson continued as part of PGG Wrightson and therefore Elders' pre-emptive rights were not triggered.