9 Nov 2021
MACNAMARA v PATTERSON AND DARLOW AS TRUSTEES OF THE MACNAMARA FAMILY TRUST [2021] NZCA 588
- Citation
- [2021] NZCA 588
- Court
- Court of Appeal
The balance of convenience disfavors a stay because a stay would not prevent the Craig Trust from pursuing recovery proceedings, would place independent trustees in the untenable position of defending a claim they consider undefendable, the consent orders entrusted determination to independent trustees, the appellant's challenge to the Deed lacked immediacy and strength on the material before the Court, and thus the appeal risked being nugatory but countervailing factors outweighed it.