16 Sept 2022
TOBEM HOLDINGS LTD v KID COUNTRY HOLDINGS LTD (IN LIQ) [2022] NZHC 2367
- Citation
- [2022] NZHC 2367
- Court
- High Court
Leave was granted because the proceeding was trial-ready and would avoid undue delay and relitigation, the non-debt elements of the claim involved complexity more appropriately dealt with by the High Court, there was minimal demonstrated prejudice to other creditors given the small disclosed creditor claims, and there was no evidence the proceeding would be fruitless.