9 Jun 2020
PALMERSTON NORTH CITY COUNCIL v FORTRESS INFORMATION SYSTEMS LIMITED [2020] NZHC 1278
- Citation
- [2020] NZHC 1278
- Court
- High Court
There was a good arguable case that the defendant held specified ticket sale proceeds on trust and had admitted cashflow problems creating a real risk of dissipation; accordingly, it was necessary and proportionate to grant a without‑notice freezing order and ancillary disclosure orders to preserve the trust funds until the Court further orders, limited in duration to allow an interim review.