10 Apr 2017
LEE AND KERSLAKE v AIL INVESTMENTS LIMITED [2017] NZHC 661
- Citation
- (2017) 18 NZCPR 234
- Court
- High Court
Lease was not surrendered by operation of law because the deed of assignment was never effectively delivered, the parties objectively intended the original lease to remain in force when Sligo occupied, and AIL's receipt of rent from Sligo did not demonstrate acceptance of surrender; therefore AINZ remained the lessee and the appellants remained liable as guarantors.