19 Feb 2018
PRESTON v PRESTON [2018] NZHC 185
- Citation
- [2018] NZHC 185
- Court
- High Court
The court exercised its discretion to remove the s42 PRA notice and LTA s137 caveat because the respondent's legitimate arguable financial interest could be adequately protected by transferring the caveatable interest to the replacement property (Karenza Lane) and by holding sale proceeds in the trustee's solicitor trust account pending resolution, and because removal on the terms ordered would not prejudice the respondent's interests.