Worldwide NZ LLC v New Zealand Venue and Event Management Ltd - [2015] 1 NZLR 1

Practice and procedure — Cause of action — When cause of action arose — Pre-emptive right to purchase shares — Price not ascertained until judgment of court — When cause of action relating to consideration for shares arose — Whether application for determination of price and declaration as to payment action for “recovery of any debt or damages” — Whether “debt” had to be ascertained or readily ascertainable sum — Judicature Act 1908, s 87(1).

Practice and procedure — Declaratory judgment — Action for determination of price of shares — Whether action for “recovery of any debt or damages” — Whether “debt” had to be ascertained or readily ascertainable sum — Judicature Act 1908, s 87(1).

Practice and procedure — Interest — Whether application for determination of price and declaration as to payment action for “recovery of any debt or damages” — Whether “debt” had to be ascertained or readily ascertainable sum — Judicature Act 1908, s 87(1).