18 Apr 2018
COMPLETE LTD (in Liquidation) v FUZO WOOLFIELD LTD [2018] NZHC 715
- Citation
- [2018] NZHC 715
- Court
- High Court
The freezing order was discharged because Complete failed to establish a good arguable case supported by evidential foundation for the claimed $525,749.10 and failed to show a real risk of dissipation of the kind captured by the freezing order jurisdiction; ordinary business payments, use of sale proceeds to discharge mortgages, related‑company invoices accepted by the engineer, and the SPV company structure did not suffice to demonstrate the requisite risk.