9 Nov 2018
LAM & ORS v MO & ORS [2018] NZHC 2920
- Citation
- [2018] NZHC 2920
- Court
- High Court
In the absence of cogent contrary evidence the court will accept the independent account-taker's factual assessments regarding reasonable expenses and salaries; where companies functioned effectively as instruments of the director the director must bear the lion's share of litigation costs; losses incurred by the company undertaking construction (Plimmerton) are losses of the joint venture; prior judicial directions (including payment of account-taker fees by Sunlink) stand unless and until the substantive judgment is recalled.