15 Sept 2015
EDWARDS v I GROW NEW ZEALAND LIMITED [2015] NZHC 2217
- Citation
- [2015] NZHC 2217
- Court
- High Court
The Court accepted the pleaded value of the shares as sufficiently supported on the material before it (KPMG draft and director email) and, given the value likely exceeds the District Court limit and the complexity and interwoven nature of the issues, it was just and appropriate under s45 to transfer both the counterclaim and the related District Court claim to the High Court; hearsay valuation evidence was admissible under s18 Evidence Act 2006 for this interlocutory purpose.