Mercury Geotherm Ltd (In Receivership) v McLachlan - [2006] 1 NZLR 258

Property law — Caveat — Right to purchase under equitable lease — Whether right to purchase triggered — Whether de facto registered interest prior to registration — Competing equitable interests — Whether Contact bona fide purchaser for value prevailing over equitable interest — Land Transfer Act 1952, s 182.

Equity — Equitable interest in land — Competing equitable interests — Whether Contact bona fide purchaser for value prevailing over equitable interest.