17 Feb 2009
ROBERT JOHN ERWOOD V JANET MAXTED AND JANET MAXTED AND ALEXANDER JAMES JEREMY GLASGOW AS TRUSTEES OF THE ESTATE OF EDWARD ERWOOD OF NELSON AND ANOR CA CA567/07
- Citation
- openlaw-f5e32897_1dc5_435b_8ac9_712990d2f649.pdf
- Court
- Court of Appeal
The Court lifted the stays because the annulment conditions had not been satisfied, additional creditors had surfaced and the Official Assignee had identified substantial assets, so statutory bankruptcy procedures must proceed to protect the rights of existing and potential creditors and a stay would risk serious prejudice to them and disrupt orderly administration.