11 Mar 2022
OWENS v DONG [2022] NZHC 411
- Citation
- [2022] NZHC 411
- Court
- High Court
The court held the plaintiffs were entitled to immediate delivery up of the NZDMG secured property and summary judgment for the outstanding debt of NZD 788,641.87 because (1) BNZ held enforceable, perfected security interests; (2) defaults occurred and BNZ properly complied with s128 PLA procedures and lawfully appointed receivers; (3) the defendants disclosed no credible or reasonably arguable defence on the material evidence; (4) allegations of oppressive conduct, wrongful taking, damage or an ongoing Banking Ombudsman process did not bar enforcement or create triable issues sufficient to d…