6 Oct 2015
WATHERSTON v KAIKOURA PASTORAL INVESTMENTS LTD [2015] NZHC 2429
- Citation
- [2015] NZHC 2429
- Court
- High Court
Stay refused because, although refusal would likely render the appeal nugatory, the balance of convenience favoured respondent: applicant is impecunious and in receivership and therefore cannot exercise any option or provide an undertaking as to damages; respondent would suffer real financial prejudice from continued holding of the property and there is a bona fide purchaser requiring certainty, so withholding enforcement is unjustified.