4 Oct 2013
MCCREADY v GREEN CABS [2013] NZHC 2594
- Citation
- [2013] NZHC 2594
- Court
- High Court
Adjudication was ordered because the debtor's proposal was speculative, lacked reliable evidence of lump sums or increased income, would deliver only a modest return (circa 24 cents in the dollar) and therefore it was not just and equitable to refuse adjudication under s37.