12 Aug 2022
ERLON LTD v AGROTRUST LTD [2022] NZHC 1995
- Citation
- [2022] NZHC 1995
- Court
- High Court
On the material before the Court it is reasonably arguable that Erlon made contributions (including unpaid 50% of services and a $150,000 deposit contribution), had a reasonable expectation of a proprietary interest arising from the parties' dealings, and that it would be unconscionable for Agrotrust to retain the benefit; accordingly the caveat is supported and must not lapse pending resolution of substantive proceedings.