10 Sept 2020
FEDERAL COMMERCIAL CONSTRUCTION LTD v LEADING EDGE FABRICATION LTD [2020] NZHC 2352
- Citation
- [2020] NZHC 2352
- Court
- High Court
The Court held that there was a genuine and substantial dispute as to the interpretation of clause 1.16 of the subcontract concerning when the retention sum fell due (meaning of 'all outstanding requirements' and the trigger date for release). Because that threshold was met the statutory demand was set aside.