24 Jun 2015
ASB Bank Limited (398445) v LJ Holdings (No 1) Limited [2015] NZHC 1433
- Citation
- [2015] NZHC 1433
- Court
- High Court
The caveat was properly sustained because the applicant held an equitable interest by way of an unregistered mortgage; the respondent's attempt to use s145A via a caveat was inappropriate; applying the ordinary rule in r14.2(a) the unsuccessful respondent must pay the applicant's costs, assessed on the agreed 2B basis at $4,875.50 plus disbursements of $590.