17 Jun 2022
BARY v AB CONTRACTING NELSON LIMITED [2022] NZHC 1404
- Citation
- [2022] NZHC 1404
- Court
- High Court
It is not patently clear that the caveat cannot be sustained because it is reasonably arguable that the applicant retains a proprietary interest arising from the original partnership arrangements and that AB Contracting cannot be treated as a bona fide purchaser for value without notice given Aron's role; accordingly the caveat must not lapse pending determination of substantive proceedings provided they are filed within the time ordered.