18 May 2021
THE TOWN OF JUPITER, FLORIDA v ENDEAVOUR CAPITAL LIMITED [2021] NZHC 1110 [18 May 2021]
- Citation
- [2021] NZHC 1110
- Court
- High Court
Court was satisfied that Endeavour was validly served and failed to file a defence, the claim arose from a Settlement Agreement that quantified the indebtedness so the claim is a liquidated demand under r15.7, and in the absence of evidence establishing that Florida law required monthly compounding the plaintiff's election to claim simple interest was accepted; judgment for liability was entered against Endeavour and the quantum fixed at USD 178,899.39 with specified costs and disbursements.