20 Feb 2020
PARSONS v O’CONNOR [2020] NZHC 226
- Citation
- [2020] NZHC 226
- Court
- High Court
There was a seriously arguable case that respondents could not validly trigger the buyout because cl 14.1 was subject to cl 17 (negotiation and mediation) which had not been exhausted; damages were inadequate and the balance of convenience and overall justice favoured preserving the applicants' shareholder position pending resolution, therefore interim without‑notice orders (draft orders 3,5,6 and 7) were justified.