9 May 2018
WAI-O-TAPU LIMITED PARTNERSHIP v THE TRUSTEES OF NGATI TAHU NGATI WHAOA RUNANGA TRUST [2018] NZHC 1003
- Citation
- [2018] NZHC 1003
- Court
- High Court
The court held the parties abandoned step 4 of the Process Agreement when they referred the dispute to arbitration, so the arbitrator was not contractually constrained to the expert range; the arbitrator acted within his contractual jurisdiction, did not breach natural justice in the manner he dealt with the jurisdictional objection, and reasonably applied permissible valuation methodologies, so the award stands.