22 Jul 2022
HERBERT v USAR NAPIER LIMITED [2022] NZHC 1783
- Citation
- [2022] NZHC 1783
- Court
- High Court
The applications to set aside the bankruptcy notices were dismissed because the applicants failed to show a tenable basis to challenge the underlying judgments: Lunn's covering email did not exclude personal liability but at most indicated an indemnity/right of recourse to trust assets, and Herbert's alleged cross-claim was not reasonably arguable and the Court of Appeal dismissed the appeal; accordingly the bankruptcy notices remain valid.