29 Jul 2013
RD2 INTERNATIONAL LTD v NDP 2010 LTD [2013] NZHC 1892
- Citation
- [2013] NZHC 1892
- Court
- High Court
On the uncontradicted evidence of RD2's director and applying the low threshold of s290, RD2 established a reasonably arguable counterclaim that NDP 2010 entered an enforceable written guarantee of NDPL's debt; therefore the statutory demand must be set aside and NDP 2010 must pay costs to RD2.