7 Apr 2017
BANK OF NEW ZEALAND v HELEN PATRICIA HOLLAND [2017] NZHC 663
- Citation
- [2017] NZHC 663
- Court
- High Court
The Court adjudicated the debtors bankrupt because the statutory requirements for adjudication were met, substituted service and the summary judgment were upheld or not successfully overturned, the debtors are unable to pay and their allegations about the mortgagee sale and new evidence were insufficient to displace the Bank's entitlement to adjudicate; pending third‑party proceedings and employment consequences did not make it just and equitable to refuse adjudication.