12 Oct 2012
ELVIDGE V ASB BANK LIMITED HC NAP CIV-2011-441-000811
- Citation
- openlaw-39e1eaaf_6bfc_41b1_80ab_a7876c87c105.pdf
- Court
- High Court
The Court ordered that the defendant be provided with an unredacted copy of the deed of assignment restricted to defendant's legal advisors, adjourned the particulars application pending non-party discovery, and granted security for costs in two staggered tranches totalling NZD 62,500 (NZD 25,000 and NZD 37,500) because the plaintiffs had not proved their impecuniosity was likely caused by the bank and the plaintiffs' claim had limited prospects such that security was appropriate.