7 Feb 2013
DEVOY & ORS V GOLDEX INTERNATIONAL SERVICES LTD & ORS HC AK CIV-2012-404-001313
- Citation
- openlaw-2cfa6b8b_1d03_45bc_bb72_550666b2b25f.pdf
- Court
- High Court
The Court found that the newly produced documentary and email evidence (power of attorney, account opening form, emails and contacts) established a good arguable case that Demin had authorised Damit to act for him, that Velocity held funds of approximately NZ$430,000, and that there was a real risk of dissipation; on that basis and having received an undertaking as to damages the Court granted the freezing order sought.