3 Nov 2020
MARAETAI CO LTD v YU [2020] NZHC 2870
- Citation
- [2020] NZHC 2870
- Court
- High Court
The Court vacated its earlier order for specific performance because the contract remained under the Court's control and vacatur was required to relinquish that control; once vacated the plaintiff may proceed to cancel the contract and pursue damages under the usual legal mechanisms without a further mandatory court order terminating the contract.