25 Jun 2020
Body Corporate 201036 [2020] NZHC 1462
- Citation
- [2020] NZHC 1462
- Court
- High Court
The Official Assignee had disclaimed the bankrupt's interest in Unit R6 and the disclaimer caused loss to the Body Corporate by eliminating any person liable to pay ongoing levies and ground rent; having found the jurisdictional thresholds satisfied and no other party with a better interest willing or able to pay, it was fair to exercise the court's discretion under s119 to vest Unit R6 in the Body Corporate.