28 Sept 2016
LU v HUANG & FEN [2016] NZHC 2311
- Citation
- [2016] NZHC 2311
- Court
- High Court
The Auckland sale proceeds were relationship property and were used to purchase the Christchurch property in Lu's name as a disposition intended to defeat Huang's PRA claim; Lu did not receive the funds in good faith nor provide valuable consideration; s44 applies and the Christchurch property must be vested for sale with proceeds shared to give Huang a half share of the relationship property used, after specified deductions, with the remainder split between Fen and Lu.