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GP96 Limited v F M Custodians Limited - SC 79/2019

Summary

Civil Appeal – Whether the Court of Appeal erred in finding the appellant’s lease had been terminated – Whether the Court of Appeal erred in determining priority between provisions of the mortgage and the lease, on standard form documents

Result

A An extension of time to apply for leave to appeal is granted in respect of both applications.
B The applications for leave to appeal are dismissed.
C GP96 Ltd must pay costs of $2,500 to each of the respondents.
7 November 2019

Related Documents

High Court decision — GP96 LIMITED v F M CUSTODIANS LIMITED [2019] NZHC 1183 [28 May 2019]

Court of Appeal decision — GP96 LTD v PVG SECURITIES TRUSTEE LTD [2019] NZCA 325 [23 July 2019]

Leave judgment - leave dismissed — GP96 LIMITED v PVG SECURITIES TRUSTEE LIMITED [2019] NZSC 123 [7 November 2019] (PDF 52 KB)