25 Nov 2015
HOSPO GROUP LIMITED v JOHNSON [2015] NZHC 2972
- Citation
- [2015] NZHC 2972
- Court
- High Court
The interim injunction was discharged because the balance of convenience favored lifting it: imminent risk of lease forfeiture and loss of the business and fixtures outweighed the minority shareholder's non‑irreparable monetary prejudice which could be pursued by damages; Mr Read was joined as an applicant but the injunction could not be maintained given the real prospect of losing the business and creditors going unpaid.