9 May 2012
RABOBANK NEW ZEALAND LIMITED V BUSCH HC WHA CIV-2012-488-276
- Citation
- openlaw-8e8bdcfb_dd59_4c93_8573_eea80d0e4aa2.pdf
- Court
- High Court
The purported sub-lease was granted without authority of the receivers and without the mortgagee's consent and therefore does not bind Rabobank; Rabobank's exercise of its power of sale thus defeats Busch's claimed interest and the caveat must be removed.