8 Sept 2023
5-9 THE RISE LIMITED v RENTAL SPACE LIMITED [2023] NZHC 2515
- Citation
- [2023] NZHC 2515
- Court
- High Court
Summary judgment was dismissed because the vendor had reasonably arguable defences: it was arguable cl 23 was not unilaterally waivable once vendor approval was inserted and was intrinsically linked to cl 26 vendor finance (not severable), and it was also reasonably arguable The Rise failed to procure vendor finance compliant with cl 26 constituting repudiation; accordingly there were real questions to be tried and summary judgment on liability was inappropriate.