11 Nov 2016
GOLDENLIGHT ENTERPRISES LTD AND ORS v WESTERN BAY OF PLENTY DISTRICT COUNCIL AND ORS [2016] NZHC 2703
- Citation
- [2016] NZHC 2703
- Court
- High Court
The settlement letter of 15 August 2016, read in its commercial and procedural context, constituted an accord and satisfaction: the parties agreed to discontinue claims and counterclaims with no issue as to costs and the plaintiffs are thereby prevented from commencing further proceedings against the defendants arising out of the same or substantially the same facts; notices of discontinuance must be filed accordingly.