29 Jun 2018
SZEKELY v NORTH [2018] NZCA 227
- Citation
- [2018] NZCA 227
- Court
- Court of Appeal
Further evidence was declined because it was not fresh and/or cogent and was irrelevant to the agreed valuation date (24 February 2013). The trial judge correctly preferred the respondent's expert evidence that the shares had no value on that date; absent any economic detriment the court correctly declined to make an order under s 174(2) despite findings indicative of oppressive conduct. Appeal dismissed and costs awarded to first respondent.