20 Apr 2020
BIGGS v BIGGS [2020] NZHC 768
- Citation
- [2020] NZHC 768
- Court
- High Court
The application for a further interim distribution of $1,100,000 was declined because the Court was not satisfied the payment was necessary to allow the plaintiff to continue the litigation (the prior $400,000 award and other capital likely exceed any amount she must repay), much of the claimed indebtedness relates to past work for which advisors have security (caveat over Closeburn), there is uncertainty as to available equity and timing of sale of Closeburn and valuation of claims, high and unexplained fees undermined the asserted urgent need, and a full trial was imminent making a further…