20 Nov 2019
LAND TRUST LIMITED v WAM PROPERTY LIMITED [2019] NZCA 573
- Citation
- [2019] NZCA 573
- Court
- Court of Appeal
Reinstatement was required because the breach was not deliberate flouting, excusing circumstances and substantive remedy were present, and prejudice to the respondent was remediable by strict conditions including prompt payment of security for costs and ensuring valid trustee appointments; the High Court placed excessive weight on delay and bankruptcy status.