18 Nov 2021
THE WALLACE & YORK PARTNERSHIP v RSG CONSULTANTS LIMITED [2021] NZHC 3115 [18 November 2021]
- Citation
- [2021] NZHC 3115
- Court
- High Court
When the tenant invoked the break clause the guarantor RSG assumed the tenant's lease obligations as specified in the deed of guarantee; consequently contractual default interest at 12% under the lease applies and RSG is liable for solicitor-client costs under the contractual provisions of the lease and guarantee. There is no basis to award indemnity or increased costs under r14.6. The claimed solicitor-client costs are payable and GST is not recoverable.