28 Sept 2022
BEACH ARENA LTD v WAIKORO LTD [2022] NZCA 454
- Citation
- [2022] NZCA 454
- Court
- Court of Appeal
The Court held the misrepresentation/counterclaim was statute‑barred: Beach knew (or ought to have known) of the increased insurance premium and of the material defects soon after taking possession/the lease so the six‑year limitation had expired before the counterclaim was filed; s14 did not postpone the start of the limitation period on the facts; no application for s50 relief had been made before the High Court decided the limitation defence and therefore s50 could not rescue the ancillary claim; the strike‑out of the time‑barred parts of the defence and counterclaim was affirmed and the a…