19 Nov 2019
ARGOSY PROPERTY NO. 1 LIMITED v SPIRE KOOL LIMITED [2019] NZHC 3014
- Citation
- [2019] NZHC 3014
- Court
- High Court
The Court granted summary judgment and ordered specific performance because Argosy proved a valid, unconditional contract, the contractual mechanism for deferral of settlement and service of notice was properly exercised, Spire Kool had no defence or responsive steps, and no equitable reason existed to refuse specific performance; consequential orders fixed a new settlement date and required payment including accrued interest.