7 Jul 2008
BRIDGECORP V PETRICEVIC HC AK CIV 2008-404-1758
- Citation
- openlaw-3b3ba884_12fc_41ec_98e5_f9777e476148.pdf
- Court
- High Court
Stay of execution granted subject to a condition that $576,100 (the amount of the alleged loan paid by BMSL to the IRD) be paid into the High Court trust account by 5pm on 15 July 2008 because the applicant's evidence was insufficient to show inability to provide adequate security, there was a real risk of access to or concealment of assets, and the interests of the judgment creditor and its creditors required protection; conditional stay struck the appropriate balance under r 12.