24 Oct 2012
CORBANS VITICULTURE LIMITED V WAIHOPAI VALLEY MANAGEMENT LIMITED HC BLE CIV-2010-406-000046
- Citation
- openlaw-d7d8cda1_60a8_4e34_b345_70a5dfb9cbe0.pdf
- Court
- High Court
Court found credible evidence of winding down (staff and stock reductions, physical observations) and absence of adequate financial disclosure justified an inference plaintiff likely unable to meet adverse costs; accordingly r5.45 threshold met and it was just to order staged security for costs in specified sums; discovery orders were made and leave to bring summary judgment out of time was refused because of factual disputes and upcoming trial timetable.