New Zealand Case Law: Decisions & Judgments | LexChat

New Zealand Case Law

Grazing income
  • 23 Dec 2019

    MILLAR v MEYERS [2019] NZHC 3421

    Citation
    [2019] NZHC 3421
    Court
    High Court

    Division in kind was impracticable; plaintiffs may either purchase the first defendants' shares at the court-ordered price of $109,875 per share or the property must be sold with net proceeds divided equally; defendants must pay plaintiffs 50% of fair occupation rent from 1 January 2014 at specified weekly rates and grazing compensation from 1 January 2014 at $740 per hectare per annum; deductions for Family Court costs and the value of a utility building were refused for inadequate evidence; Marriners' mortgage will not be discharged without proper evidence and Marriners and Thomas Meyers ar…