New Image International Limited v Graeme Lindsay Clegg

[2002] NZCA 115

IN THE COURT OF APPEAL OF NEW ZEALAND CA151/01

BETWEEN	NEW IMAGE INTERNATIONAL LIMITED
First Applicant

AND	GRAEME LINDSAY CLEGG
Second Applicant

AND	NEW WORLD PROPERTY LIMITED
Respondent

Hearing:	27 May 2002
Coram:	Keith J Blanchard J Anderson J
Appearances:	A H Waalkens for the Applicants Z G Kennedy for the Respondent
Order:	27 May 2002

ORDER OF THE COURT

1. Conditional leave to appeal to the Privy Council is granted to the applicants on the usual conditions.

2. Execution of this Court’s judgment is stayed until New World Property Limited has furnished to the applicants a performance guarantee from Citibank Limited in the sum of US$280,000 and otherwise in the form exhibited to Mr Cornell’s affidavit of 20 May 2002.

3. The parties have leave to apply.

Solicitors
Buddle Findlay, Auckland for the Applicants
N Fisher, Auckland for the Respondent