Court declines developer’s injunction over mortgagee sale
Lender Senior Trust wins case over Wanaka apartment, a remnant of Roy’s Bay retirement village project.
The unit in this apartment block at Roy’s Bay, Wanaka, was used as a show home for the retirement village development.
The High Court has refused to grant an interim injunction preventing the mortgagee sale of a Wanaka apartment by lender Senior Trust Capital, financier of a related failed retirement village project.
In a judgment issued on January 19 and published yesterday, Justice Kiri Tahana declined the
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