6 May 2014
ADAMS AND BUCHANAN (AS LIQUDIATORS OF STARPLUS HOMES LTD (IN LIQUIDATION)) v SUN [2014] NZHC 913
- Citation
- [2014] NZHC 913
- Court
- High Court
The Court held the liquidators were necessary parties and r14.6(4)(c) applied; their decision to bring a s284 directions application was justified given limitations of s200 to mortgagees and the need to place liquidation context and statutory protection before the Court; however because substantial work also benefited preferential and unsecured creditors, one-third of the claimed costs should be deducted and two-thirds paid from the fund, resulting in an award of $24,650.34 plus agreed disbursements and filing/service costs; leave reserved on detailed incidence among claimants.