Court of Appeal Wellington
9, 27 May 1994
Casey, Gault and McKay JJ
9, 27 May 1994
Casey, Gault and McKay JJ
Tort — Conversion — Fixed charge over chattels and stock secured by way of second debenture — Lessor dealing with chattels and stock without reference to and without regard to the interests of the second debenture holder — Whether such dealing constitutes conversion of the chattels and stock — Measure of damages.
Property law — Lease — Fixed charge over lessee's chattels and stock secured by way of second debenture — Re-entry and termination of lease by lessor — Lessor dealing with chattels and stock without reference and without regard to the interests of the second debenture holder — Whether such dealing constitutes conversion of the chattels and stock — Measure of damages.
Damages — Assessment — Conversion of chattels and stock by lessor — Measure of damages — Principles applicable.
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