Levin v West City Construction Ltd - [2014] 3 NZLR 1

Company law — Liquidation — Insolvent transaction — Voidable preference — Assignment of bond — Whether liquidator could recover assignment by company — Whether property received in good faith — Whether reasonable suspicion of insolvency — Whether value given by antecedent debt — Discretion to refuse to order payment to liquidator — Companies Act 1993, ss 292 and 296(3)(c).