Arcadia Homes Limited (in liquidation) v More To This Life Limited and Andrew George Clark as trustees of the Ultimate Lifestyle Trust. - SC 75/2013
Summary
Civil Appeal – Director’s approval clauses – Whether the Court of Appeal erred in its determinations relating to the effect of a director’s approval clause in an agreement for sale and purchase that has been signed, and the nature and scope of a director’s duties under such a clause.[2012] NZCA 286 CA 149/2012
Additional Information
Application for leave to appeal is refused.
Costs to the respondent $2,5000 plus reasonable disbursements.
11 November 2013.