21 Nov 2019
LINK BUSINESS BROKING LTD v MARVEL GRILL NORTH WHARF CO LTD [2019] NZHC 3051
- Citation
- [2019] NZHC 3051
- Court
- High Court
Marvel failed to provide cogent evidence to rebut the s287 presumption of insolvency or to show a genuine and substantial dispute about the debt; its alleged set-off/counterclaim was speculative, reliant on inadmissible or weak hearsay, and legally vulnerable, therefore a winding-up order was appropriate and liquidators were appointed.