31 Mar 2023
MASTER BUILD SERVICES LIMITED v QUEENSTOWN LAKES DISTRICT COUNCIL [2023] NZHC 698
- Citation
- [2023] NZHC 698
- Court
- High Court
The Court held MBS has a genuine commercial interest in the homeowner's assignment because it paid under the Guarantee and recoupment was factored into the commercial product; the validity of the assignment is not defeated by the form of the Guarantee nor by the limited scope of subrogation available to guarantors; factual disputes about coverage and responsibility prevent striking out or summary judgment. Accordingly QLDC's strike out and summary judgment applications were dismissed.