28 Jun 2013
Fisk & Anor v Southern Springs LP [2013] NZHC 1614
- Citation
- [2013] NZHC 1614
- Court
- High Court
The Court granted the without‑notice order permitting the applicants to act as liquidators because s 92 applies s 280 to limited partnerships, relevant precedents supported granting relief where conflicts are limited to the firm and can be mitigated, urgency and partnership interests justified immediate appointment, and creditor protections (service on known creditors on first report and a five working day window to apply to set aside) were sufficient to protect secured and unsecured creditors.