16 Apr 2020
MBG LTD v JOYCE [2020] NZHC 750
- Citation
- [2020] NZHC 750
- Court
- High Court
Final orders of 14 November 2019 were set aside because service was defective and the trustees had no notice; trustees have substantial arguable defences (unconscionable bargain and misleading/deceptive conduct under s9 FTA) to the invoice underpinning the caveats; although MBG Ltd has an arguable equitable interest, in the exercise of the court's discretion the caveat over the Papamoa property must lapse to avoid substantial injustice and risk of losing the family home (Tawa Street caveat to remain pending review).