18 Mar 2020
McCOLLUM v THOMPSON [2020] NZHC 542
- Citation
- [2020] NZHC 542
- Court
- High Court
The Court declined to grant a further stay under s 43 because the PPSA claims could have been brought in the earlier High Court proceedings and, on the evidence, lack reasonable prospects of securing damages sufficient to extinguish the judgment debt; further, pursuing those claims now risks abuse of process; judgment debtors were given a final opportunity to pay the debt by a fixed deadline or be adjudicated bankrupt.