18 Dec 2014
LEWIS HOLDINGS LTD v STEEL & TUBE HOLDINGS LTD [2014] NZHC 3311
- Citation
- [2014] NZHC 3311
- Court
- High Court
STH, in practice, wholly managed and treated Stube as part of the group, assumed and administered its liabilities and assets, and continued to support Stube such that the s272(1) factors (management participation, conduct towards creditor, causation of liquidation and other matters) weighed in favour of lifting the separate corporate veil; accordingly it was just and equitable under s271(1)(a) to order STH to pay the whole of Lewis' claim, with quantification under s307 deferred for further hearing.