29 May 2013
MEDTRONIC NEW ZEALAND LIMITED v GREGORY DALE FINCH [2013] NZHC 1253
- Citation
- [2013] NZHC 1253
- Court
- High Court
Because the further evidence established that the Trust funded the Parnell property and the company, not Finch personally, met mortgage obligations and there was no evidence of loans, gifts or other enforceable interests owing to Finch from the Trust, there was no basis to continue freezing orders against the Trust's assets; however, freezing orders were properly continued in relation to money held in bank accounts solely in Finch's name at ANZ Bank as those are his personal assets and there remained a risk of dissipation.