8 Jun 2017
GREEN ROAD CATTLE COMPANY LTD v SOUTHHEAD HOLDINGS LTD [2017] NZHC 1239 [8 June 2017]
- Citation
- [2017] NZHC 1239
- Court
- High Court
The lease was properly interpreted as an initial term ending 31 May 2019 in two tranches; the March 2017 correspondence did not amount to a valid surrender; Green Road demonstrated a strong prima facie entitlement to possession and non-compensable interests so an interim measure maintaining the status quo under art 17A was justified; because the dispute falls within the lease arbitration clause the proceeding must be stayed and referred to arbitration under art 8 of sch 1 of the Arbitration Act 1996.