LD Ltd v SQ Ltd [2023] NZDT 57 (21 February 2023) [pdf, 100 KB]
...contractual breach substantially reduces the benefit of the contract to the innocent party. I therefore find that SQ Ltd was entitled to cancel the contract. 10. The effect of cancellation under the CCLA is that neither party is obliged to continue performance of the contract, so SQ Ltd does not have to pay LD Ltd’s final invoice for $3,945.81 issued on 19 July 2021. Cancellation does not result in an automatic refund or discharge debts that have already accrued, so it does not affect...