26 Aug 2022
PICKLEPIE LIMITED v ATTORNEY-GENERAL [2022] NZHC 2148
- Citation
- [2022] NZHC 2148
- Court
- High Court
Leave to proceed by originating application was granted and an order under s 324(4)(a) was made vesting Unit H in Picklepie Limited because the applicant demonstrated it had approached all potential claimants, the liquidators and mortgagee did not assert an interest, independent advice found no realistic constructive trust, and the Crown (Treasury) did not object and would abide the Court’s decision, satisfying the statutory criteria for vesting.