26 May 2022
KYLE v AMERICAN EXPRESS INTERNATIONAL (NZ) INC [2022] NZHC 1195
- Citation
- [2022] NZHC 1195
- Court
- High Court
The Court approved the proposal because it met the prescribed form and statement of affairs requirements, creditors received notice and made a commercial assessment, the statutory voting thresholds under s331 were satisfied despite one creditor's opposition, and no grounds under s333(3) to refuse approval were established.