Appeal Court upholds $3m order against developer
Victor Jia borrowed money to pay a debt that ‘threatened his standing’ in the Chinese community.
The personal loan was intended to be repaid from the profits of the Victor apartments in Browns Bay.
The developer of a troubled apartment project on Auckland’s North Shore has lost an appeal against a $3 million summary judgment order from the High Court amid a thicket of related litigation.
Xinhong (Victor) Jia, whose Victor apartment building in Browns Bay was subject to mortgagee sale in
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