Kelly v Structured Finance Ltd - [2009] 2 NZLR 785

Bankruptcy and insolvency — Proposals under Part 5 of Insolvency Act 2006 — Whether statutory provisions as to service and resolution complied with — Whether terms of proposal “not reasonable” or “not calculated to benefit the general body of creditors” — Expediency of proposal — Factors influencing exercise of discretion — Insolvency Act 2006, ss 315, 327, 328, 330, 331 and 333.