27 Feb 2020
PARSONS v O’CONNOR [2020] NZHC 313
- Citation
- [2020] NZHC 313
- Court
- High Court
A stay of Gordon J's orders was granted because the first and third defendants gave a clear undertaking not to sell or otherwise dispose of the shares pending determination of their application to rescind or vary the orders, which preserved the status quo and removed the specific risk Gordon J sought to prevent; requiring immediate transfer would impose administrative burdens and risk needing to be undone; on balance the convenience favored a stay pending a full hearing.