17 Mar 2015
CHESTERFIELDS PRESCHOOLS LIMITED v COMMISSIONER OF INLAND REVENUE [2015] NZHC 506
- Citation
- [2015] NZHC 506
- Court
- High Court
The Court exercised its discretion to permit a limited release of frozen funds—$10,000 (40 hours at $250/hr)—to Morgan & Maze as reasonable legal expenses, rejecting the larger sum claimed because the applicant's 100-hour estimate was not justified in light of prior estimates and the need to preserve assets for creditors; other relief was refused.