28 Oct 2014
RE HUBBALL[2014] NZHC 2637
- Citation
- [2014] NZHC 2637
- Court
- High Court
Leave to commence by originating application was granted and a vesting order under s119(2) of the Insolvency Act 2006 was made because the Official Assignee had validly disclaimed the property under s117, that disclaimer extinguished the Official Assignee's interests under s118, there were no competing claims by creditors, the Crown did not oppose vesting, and it was fair in all the circumstances to vest the property in the applicants.