New Zealand Case Law: Decisions & Judgments | LexChat

Topic

Lease to purchase

Legal area

Court

5 Jun 2020

NEW ZEALAND BLOODSTOCK FINANCE & LEASING LTD v JONES [2020] NZHC 1233

Citation

(2020) 25 PRNZ347
Court

High Court

The plaintiff discharged its onus: the written on‑demand and lease default provisions authorised call up of the balances, the defendant produced no credible or interdependent equitable set‑off or fraud case that would impeach the plaintiff's claim, and the defendant's allegations and affidavit material were insufficient to require trial; summary judgment was therefore entered for the plaintiff.
10 Oct 2008

GLYN BRETT MORSE JENKINS AND KIM ST CLAIR JENKINS V NEW ZEALAND BLOODSTOCK LEASING LIMITED AND NEW ZEALAND BLOODSTOCK FINANCE LIMITED CA CA217/2007

Citation

openlaw-c666c057_7bf0_49a9_a912_ba810d632b56.pdf
Court

Court of Appeal

LPA2 was paid out and extinguished on 28 March 2004; from that date the RA and CCA operated as distinct refinancing/loan agreements and any hire purchase characteristics ceased to apply, so the appellants remained liable under the refinancing guarantees and the appeal is dismissed.