Court warns of ‘trafficking in litigation’ in McConnon case
Security for costs awarded after company associated with lawyer buys claims for $1.
New Zealand law does not allow personal causes of action to be assigned.
A company associated with a South Auckland lawyer could be “trafficking in litigation” and must pay security for costs in its claim against South Island businessman Baird McConnon and associates, the High Court has ruled.
The case involves a claim by Ingenious Asset Management Ltd against the
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