1 Oct 2012
HOTCHIN V SHEPPARD HC AK CIV-2011-404-7120
- Citation
- openlaw-1ec5bbbe_7fb6_4c9d_8da9_6df6b61171dd.pdf
- Court
- High Court
The strike out application was dismissed: the pleaded specific instances of past share‑trading misconduct under s30 were potentially relevant to the plaintiffs' reputation in the same societal sector (business integrity) and could not be excluded on summary application given their possible probative value and the time lapse not being fatal. An order for security for costs was made for NZD 100,000 payable in two staged instalments (half by end January 2013 and balance by end May 2013). Costs of the security application lie where they fall.