24 Aug 2023
EASTERNMANOR DEVELOPMENT LIMITED v YESHE DEVELOPMENT LIMITED [2023] NZHC 2317
- Citation
- [2023] NZHC 2317
- Court
- High Court
Summary judgment granted for Easternmanor Development Limited. The Acanthus–EDL contractual restrictions on on-sale and marketing did not render the EDL–Yeshe contracts invalid and did not provide Yeshe an arguable defence. Post-contract WeChat communications did not establish a Fair Trading Act defence because they were post-contract and there was no demonstrated reliance causing Yeshe's conduct. Yeshe's removal from the Companies Register prevented settlement; loss is assessed at the date of cancellation; GST should be excluded from damages because a completed settlement would have been zer…