6 Sept 2019
Triastra Limited v The Proprietors of Taharoa “C” Block [2019] NZHC 2230
- Citation
- [2019] NZHC 2230
- Court
- High Court
The Court held the 26 July 2012 letter was a clear notice validly terminating the Final Agreement effective 18 October 2012 under clause 3; from 18 October 2012 parties operated under an ad hoc contract limited to consultancy services at NZD16,000/month; that ad hoc contract was terminable on reasonable notice which on the facts was approximately one month; Taharoa's two-week notice of 21 May 2013 was therefore insufficient and constituted breach/repudiation, entitling Triastra to damages only for the reasonable notice period (contract treated as ending 26 June 2013); Triastra's estoppel clai…