New Zealand Case Law: Decisions & Judgments | LexChat

New Zealand Case Law

S143 lapse procedure
  • 4 Sept 2020

    Patterson v Alsaloom [2020] NZHC 2307

    Citation
    (2020)21 NZCPR 361
    Court
    High Court

    The caveat described the claimed interest with sufficient particularity given the parties' dealings and the JV proposal; the caveator established a reasonably arguable case that an institutional constructive trust arose from contributions and a shared expectation so it was not patently clear the caveat could not be maintained; accordingly the court ordered the caveat not to lapse and directed the caveator to commence substantive proceedings within 20 working days.

    • Caveat against dealings
    • Constructive trust
    • Institutional constructive trust
    • S143 lapse procedure
    • Common intention/expectation