31 Aug 2015
FIRST SOVEREIGN TRUST LIMITED v INFINITY FOUNDATION LIMITED [2015] NZHC 2136
- Citation
- [2015] NZHC 2136
- Court
- High Court
The mandatory interim injunction was declined because the contractual position was not sufficiently clear to justify mandatory relief, damages were an adequate and calculable remedy, the Department of Internal Affairs had processed the surrenders making injunctive relief likely futile, and the balance of convenience did not favour intrusive mandatory relief in a regulated gambling context.