5 Dec 2016
MALLEY & CO v BURGESS [2016] NZHC 2920
- Citation
- [2016] NZHC 2920
- Court
- High Court
The application to set aside the bankruptcy notice was dismissed because the debtor failed to demonstrate a cross claim that is equal to or greater than the judgment debt and genuinely triable under s17(7) of the Insolvency Act 2006; the prior adverse findings and appellate observations show the counterclaim lacks substance and cannot defeat the bankruptcy notice.