Fistonich v Gibson - [2022] 3 NZLR 366

Receivers — Indemnity and lien — Costs of defending claims — Retention of funds — Receivers’ right to retain funds to meet costs of litigation where neglect, default or breach of duty alleged against them — Limitation to indemnity — Whether any right to indemnity where breach of duties — Right to lien over company assets where breach of duty alleged but not yet established — Whether general law qualified by legislation — Australian case law — Receiverships Act 1993 ss 18, 19, 19(b), 20 and 20(b).