27 Jul 2018
MAINZEAL PROPERTY AND CONSTRUCTION LTD (IN REC AND IN LIQ) v YAN [2018] NZHC 1886
- Citation
- [2018] NZHC 1886
- Court
- High Court
Leave to file and serve the third amended statement of claim was granted because the amendments were confined to clarifying and refining existing claims (not introducing new causes of action), addressed the nature of a $15.15 million debt transfer and the basis of liability of certain defendants, and would not cause significant prejudice; the liquidators of the seventh and eighth defendants consented and were excused from further procedural steps; undertakings were varied to reflect liquidation and to set out management of funds, sale of vineyard and wine stock, permitted deductions, and cond…