22 Jun 2011
LAWRENCE JOHN CAMERON V JE COLEMAN HC WN CIV-2010-485-2151
- Citation
- openlaw-0ce520e4_94a9_47ee_86dc_c2de85908d3b.pdf
- Court
- High Court
Leave under s165 was granted because the applicant demonstrated arguable causes of action including potential breaches of fiduciary duties and major transaction rules, the likely recovery outweighed likely costs, the applicant was willing to fund the litigation, and alternative resolution avenues had been exhausted, so a prudent business person would pursue the claim.