New Zealand Case Law: Decisions & Judgments | LexChat

New Zealand Case Law

S 342 factors
  • 28 Apr 2022

    VAN DER BYL v VAN DER BYL [2022] NZHC 850

    Citation
    [2022] NZHC 850
    Court
    High Court

    Applicant legitimately holds a one-third interest; balancing s 342 factors and competing hardships the injustice of denying the applicant access to his share outweighs the respondent's emotional hardship; therefore the Court ordered valuation, first right of respondent to buy out the one-third within a fixed period, failing which sale and distribution with applicant receiving one-third of net proceeds; claim for unpaid rent dismissed under s 343 discretion.