IN THE HIGH COURT OF NEW ZEALAND AUCKLAND REGISTRY
I TE KŌTI MATUA O AOTEAROA TĀMAKI MAKAURAU ROHE
CIV 2022-404-000376
[2022] NZHC 1594
BETWEEN CHERIE BERYL RHIND (previously known as CHERIE BERYL EDWARDS)
Appellant
AND
IAN LESLIE STEVENSON
Respondent
STEVENSON ACCOUNTING LIMITED
Second Respondent
Hearing: 21 June 2022 Appearances:
M J Fisher for the Appellant N C King for the Respondent
Judgment:
6 July 2022
JUDGMENT OF TAHANA J
This judgment was delivered by me on 6 July 2022 at 2.30pm Pursuant to Rule 11.5 of the High Court Rules
…………………………
Registrar/Deputy Registrar
Solicitors/Counsel:
Jones Howden, Barrister & Solicitors, Matamata Noel King Barrister, Auckland
Erskine Chambers, Auckland
RHIND v STEVENSON [appeal] [2022] NZHC 1594 [6 July 2022]
Introduction
[1] This is an appeal against the decision of Judge G M Harrison not to strike out Mr Stevenson’s (the Respondent’s) amended claim to recover a debt owed by Ms Rhind (the Appellant).1 Judge Harrison found that Ms Rhind was obliged to repay the debt on 14 August 2015 when the property of Edwards Family Trust was sold.2 Mr Stevenson filed his amended claim on 12 April 2021, which was within the six year statutory time frame.3
[2] Ms Rhind appeals and says the Judge erred because on a proper construction of the agreement, the debt was due on 18 January 2007 so that the amended claim is time barred.
[3] I therefore need to determine when the debt was payable and whether the amended claim was filed within six years of that date.
Background
[4]Mr Stevenson made various loans to Ms Rhind prior to January 2007.
[5] On 18 January 2007, Mr Stevenson and Ms Rhind (who was then known as Cherie Beryl Edwards) signed a document entitled “Settlement, Acknowledgment and Guarantee Agreement” (the Agreement). The parties to the Agreement were Cherie Beryl Edwards (CBE), Edwards Family Trust (EFT) and Ian Leslie Stevenson (ILS).
[6]Ms Rhind signed the Agreement in two capacities:
(a)personally as borrower and guarantor; and
(b)as trustee of the Edwards Family Trust as “property owner, borrower and guarantor.”
1 Stevenson v Rhind [2022] NZDC 3071.
2 At [28].
3 At [28].
[7]The Agreement expressly referred to a first agreement for repayment of
$40,000 and a second agreement for repayment of $70,000 (plus interest) if the
$40,000 was not paid by 31 May 2007. The Agreement included the following relevant clauses:
CBE and EFT agree (on a joint and severally irrevocable basis) to pay ILS the monies as follows (The first agreement): -
…
3.CBE and EFT will not at anytime act in such a way that the security of ILS will be jeopardized such that loss is caused to ILS, delay in payment, CBE will complete all such things, instructions or otherwise so that the obligations under this agreement will be met on a timely basis.
4.All parties agree and acknowledge that this agreement is not intended or construed to secure a better position for ILS.
…
7.Should for any reason this agreement be disputed, overturned…
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