26 Feb 2020
MATTHEW MINI COACHES LTD v S W MATTHEW HOLDINGS LTD [2020] NZHC 283 _x000b_
- Citation
- [2020] NZHC 283
- Court
- High Court
Defendant failed to establish a strong prima facie case of a genuine dispute as to the existence of the debt and failed to rebut the statutory presumption of insolvency because it did not produce accounting records or recent financial statements; accordingly the Court declines to stay liquidation or restrain advertising and vacates interim orders.