Julius Harper Ltd v F W Hagedorn & Sons Ltd - [1989] 2 NZLR 471

Bankruptcy and insolvency — Alienation of property with intent to defraud creditors — Assignment of goods by a debtor company to an associated company — Whether the assignor intended to defraud its creditors — Whether the assignor received consideration for the assignment — Whether assignment was voidable under s 60 of the Property Law Act 1952.

Company law — Debentures — Floating charge — Assignments of goods by a company to an associated company — Whether the assignor disposed of property in the ordinary course of its business — Meaning of the expression "ordinary course of its business".

Practice and procedure — Costs — Necessary payments — Quantum — Security for repayment of costs if plaintiff successful on appeal — Whether the case justified costs in excess of the full scale — Whether payment of those costs should be subject to an order requiring security for repayment if the plaintiffs were successful on appeal.