Central Standards Committee 3 v Hunt [2023] NZLCDT 12 (28 April 2023) [pdf, 278 KB]
...their assets as security. Mr Hunt provided a draft Agreement for Sale and Purchase and told Mrs S that his instructions (from Mr P S/LC) were for a general security agreement, rather than security over the S’s properties. 7. During this time Mrs S emailed Mr Hunt with queries about the agreement. This included an exchange between Mrs S and Mr Hunt in which he agreed to ask Mr P S about a buy-back condition on the purchase to the effect that Mr P S’s company would agree to buy the [re...