6 Jul 2018
OMV NEW ZEALAND LTD v PRECINCT PROPERTIES HOLDINGS LTD [2018] NZCA [240]
- Citation
- [2018] NZCA
- Court
- Court of Appeal
Clause 44.3 operates as an exception to the lease's arbitration clause (cl 44.1) and permits the landlord to bring court proceedings for unpaid rent; a tenant may plead a defence that rent is not payable, but set-offs and counterclaims arising from alleged breaches or misrepresentations are for arbitration; therefore the High Court rightly refused to stay the landlord's summary judgment proceedings and the appeal is dismissed.