10 Jul 2015
TONG v ANZ BANK NEW ZEALAND LIMITED & ANOR [2015] NZHC 1621
- Citation
- [2015] NZHC 1621
- Court
- High Court
The Court ordered specific performance of the agreement, but required the purchase price to be reduced by any amount paid or payable to the first defendant under the mortgage transferred pursuant to the earlier decision of Duffy J, and directed that the first $200,000 payable to the second defendant be paid into the second defendant's solicitor's trust account to be held on trust pending determination of the compensation claim.