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Hot Topic Scrutiny
Law
4 mins to read

Court strikes out claim in ‘rare and exceptional case’

Investor activist’s misleading disclosure claim against property syndicator Maat is deemed an abuse of process.

The former Nido retail site in Auckland.

Tim Hunter Tue, 10 Sep 2024

The High Court has struck out a claim alleging misleading disclosure by property syndicator Maat Consulting as an abuse of process.

“This is one of those rare and exceptional cases where the extrinsic evidence is sufficient to make an objective determination," said Associate Judge Grant Brittain

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Tim Hunter Tue, 10 Sep 2024
Contact the Writer: thunter@nbr.co.nz
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Court strikes out claim in ‘rare and exceptional case’
Law,
105762
true