30 Apr 2021
WHITE v JAMES HARDIE NEW ZEALAND LIMITED [2021] NZHC 936
- Citation
- [2021] NZHC 936
- Court
- High Court
The court held there was a material change in circumstances given the scale and complexity of the discovery process and that the original security was inadequate; accordingly it increased security by $1.25m to a total of $1.5m (additional $500,000 for discovery to a discovery total of $750,000 and $750,000 for expected scale costs and expert disbursements to the end of Stage 1), refused a stay, required posting of the security within 15 working days and permitted revisit if not posted; ATE insurance and Harbour funding were relevant but not decisive.