Edmonds v Westland Bank Ltd - [1991] 2 NZLR 655

Company law — Debentures — Appointment of receiver — Debenture holder interfering in sale of asset by receiver — Whether interference made receiver agent of debenture holder — Whether debenture holder consequently liable for receiver's alleged negligence — Counterclaim — Whether counterclaim relevant to issue of summary judgment on claim by debenture holder.

Practice and procedure — Summary judgment — Counterclaim against debenture holder for receiver's alleged negligence in conduct of sale — Whether counterclaim constitutes defence to entry of summary judgment.