17 May 2019
Li v 110 Formosa (NZ) Limited [2019] NZHC 1083
- Citation
- [2019] NZHC 1083
- Court
- High Court
On the balance of probabilities the plaintiff was the beneficial owner of the $4.8m; resulting trust and breach of contract remedies were available against Meng Wang in respect of the portion of his shareholding reflecting that contribution; claims for an institutional constructive trust over the underlying property and most other pleaded causes failed; costs are to be assessed under High Court Rules as Category 2 with awards and adjustments made to reflect partial success, unreasonable pleading/conduct and specific disbursement limitations; settlement privilege under s57 Evidence Act cannot…