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High Court Wellington
13, 16 August; 9 October 1996
Master Faire
13, 16 August; 9 October 1996
Master Faire
Contract — Guarantee — Whether a liquidator's disclaimer of a lease discharges guarantors from the date of the disclaimer.
Property law — Lease — Whether a liquidator's disclaimer of a lease discharges guarantors from the date of the disclaimer.
Company law — Insolvency — Liquidation — Disclaimer of lease — Effect on guarantors — Whether guarantors also had primary liability — Companies Act 1955, s 243.