23 Jul 2020
TEMPEST LITIGATION FUNDERS LTD v DAVIES [2020] NZHC 1790
- Citation
- [2020] NZHC 1790
- Court
- High Court
Tempest acted unreasonably by making and persisting with unsubstantiated allegations of dishonesty and by seeking wholly unmeritorious and severe relief (including indefinite prohibition from acting as liquidator); the conduct warranted an award of indemnity costs, fixed at 80% of the claimed sum, resulting in an award of $37,646.08 in favour of Mr Davies.