2 Oct 2013
INSUREGO LIMITED AND PACIFIC TRUSTEES & NOMINEES LIMITED v P A HARRIS & ANOR [2013] NZHC 2542
- Citation
- [2013] NZHC 2542
- Court
- High Court
Summary judgment and strike out were refused because there are substantial contested facts (who had and relied upon financial information, whether defendants in substance acquired the shares as directors or via controlled entities, and whether representations or omissions induced the sale) that require full discovery and trial; the s149, implied term and misrepresentation claims are at least arguable and cannot be resolved on affidavit evidence alone.