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High Court Wellington
CIV-2008-409-964
9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27 August; 14 December 2010
Panckhurst J
CIV-2008-409-964
9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27 August; 14 December 2010
Panckhurst J
Company law — Receivership — Appointment — Bank appointing receivers under security agreement — Written notice not given — Whether parties estopped by conduct from contesting lawfulness of appointment.
Company law — Receiverships — Liability of receivers — Liability to account for funds after termination pending litigation — Whether and when entitled to retain funds in view of litigation — Receiverships Act 1993, ss 18 and 19.