1 Jun 2018
CROWN FINANCE LIMITED v CRONIN [2018] NZHC 1289
- Citation
- [2018] NZHC 1289
- Court
- High Court
Summary judgment could not be granted in full because there is an arguable defence that the receiver breached s 19 in selling to a related company and that Crown Finance Ltd may be liable for its involvement; however there is a minimum liquidated shortfall that can be established now and judgment is awarded for that reduced sum with further interlocutory steps and a full hearing ordered to resolve the related-party sale issues.