17 Mar 2017
GLW GROUP LTD v LEPIONKA & COMPANY INVESTMENTS LTD [2017] NZHC 491
- Citation
- [2017] NZHC 491
- Court
- High Court
The Court declined to order an interim sale and refused to restore possession of Lot 4 because preserving the status quo and avoiding predetermination of the central trial issue (the enforceability of the Lepionka agreements) better served the balance of convenience and overall justice; accordingly LCIL was restrained from settling the Lepionka agreements and from disposing, further encumbering, borrowing against or incurring further costs relating to the land, and was ordered to return plaintiffs' property and to give a written undertaking regarding documents.