23 Aug 2011
ONEPATH (NZ) LIMITED V BACS INVESTMENTS AND INSURANCE LIMITED HC AK CIV-2010-404-6546
- Citation
- openlaw-891a2d46_c37e_4324_a542_e2173c5dc054.pdf
- Court
- High Court
The defendants did not raise any credible evidential foundation for their defences; the ledger and agreement established the debt and the clear wording of the personal guarantees bound the directors; allegations advanced were inherently improbable or contradicted by contemporaneous documents, so there was no real question to be tried and summary judgment was granted for $300,762.08 against the defendants with leave reserved for solicitor/client costs.