8 Mar 2019
JK TRADING LTD v RIMPRO-TEC LTD (IN LIQ) [2019] NZHC 376
- Citation
- [2019] NZHC 376
- Court
- High Court
Leave to continue the pre-existing proceedings was granted because the claim pre-dated the liquidation, the liquidators' rejection was inadequately founded and they could not definitively determine complex issues, the liquidation was for practical purposes concluded with no other creditors to prejudice, and allowing continuation would not give JK Trading an improper advantage over other creditors.