ND Limited v DD [2024] NZDT 163 (17 April 2024) [pdf, 171 KB]
...extreme financial pressure when he sold the business. He was in rent arrears and the landlord was about to evict him from the premises. He (DD) agreed to purchase the business under urgency – he paid the purchase price in December 2022, before any formal documents were prepared and signed. He understood that all the equipment that was in HD at that time was included in the sale. d. ND has not proven that they purchased this machine from NS Ltd. e. ND has not proven that the mach...