15 Mar 2017
DHC ASSETS LTD v VACO INVESTMENTS (LINCOLN ROAD) LTD (IN LIQUIDATION) [2017] NZHC 454
- Citation
- [2017] NZHC 454
- Court
- High Court
Leave was granted because the disputed construction claims are complex and more appropriately resolved by arbitration, the claims are more than arguable (supported by the adjudicator's findings), arbitration may assist wider recovery given concurrent proceedings against the director who transferred assets, and it was appropriate to extend time to serve notice and permit enforcement proceedings in the District Court.