LCRO 185/2018 GT v NE (16 July 2019) [pdf, 206 KB]
...Credit Contracts Act. 5 Declaration of insolvency [25] In his response Mr NE does not refer to making a “declaration”. He advised that he had “more than 25 years’ experience of advising directors, liquidators and receivers” and had formed the view that the Company was insolvent. Mr NE provided the figures he relied on to form that view. His response was detailed. The $1.3m payment [26] Mr NE believes that the first time he was made aware of Mr GT’s “view” th...