IN THE HIGH COURT OF NEW ZEALAND AUCKLAND REGISTRY
I TE KŌTI MATUA O AOTEAROA TĀMAKI MAKAURAU ROHE
CIV-2017-404-1125
[2021] NZHC 1098
BETWEEN JING JUN YU
First Applicant
AND
ANDREW INVESTMENTS (2004) LIMITED
Second Applicant
AND
DALE GORDON BRADLEY AND JILLIAN ANNE BRADLEY
Respondents
Hearing: 30 March 2021; further materials and submissions on 1 and 9 April 2021 Appearances:
EJ Watt for the Applicants
JWH Little and JK Grimmer for the Respondents
Judgment:
17 May 2021
JUDGMENT OF FITZGERALD J
This judgment was delivered by me on 17 May 2021 at 3.30pm, pursuant to Rule 11.5 of the High Court Rules.
Registrar/Deputy Registrar
Date………………………….
Solicitors:Carson Fox Legal, Auckland Powle & Hodson, Auckland
To:L Taylor QC, Auckland E Watt, Auckland
J Little, Auckland
H Lanham, Auckland J Grimmer, Auckland
YU v BRADLEY [2021] NZHC 1098 [17 May 2021]
Introduction
[1] The applicants (who for convenience I will refer to collectively as Mr Yu) apply for a stay of execution of a judgment delivered by Palmer J on 28 June 2020.1 In his judgment, Palmer J dismissed Mr Yu’s claim, granted the respondents’ (the Bradleys’) counterclaim and awarded the Bradleys damages. These were subsequently agreed by the parties to be $449,635.85, including approximately $71,000 in costs (the Judgment Sum).
[2] Mr Yu has appealed against Palmer J’s judgment and his appeal is to be heard by the Court of Appeal on 14 October 2021. Mr Yu has deposited the Judgment Sum into his solicitors’ trust account pending resolution of his appeal. Mr Yu applies for a stay of execution of the judgment because he says that the Bradleys have not provided sufficient security that the Judgment Sum will be repaid in the event his appeal is successful. 2
Factual and procedural background
[3] The dispute between the parties arose out of an agreement for sale and purchase of the Bradleys’ lifestyle property in Whitford to Mr Yu (the Agreement). Mr Yu’s case was that prior to settlement, he became aware that not all of the property he had thought formed part of the Bradleys’ property in fact did so, and wanted to carry out a further inspection to assess the resulting effect on the property’s views.
[4] Palmer J found that the day before settlement was due to occur (15 February 2017), Mr Bradley prevented Mr Yu (and his lawyer and valuer) from inspecting the property. Mr Yu claimed compensation pursuant to (then) cl 8 of the 9th edition of the REINZ/ADLS standard form terms and conditions for the sale of real estate (ADLS standard terms), which formed part of the Agreement. He issued a settlement notice on 16 February 2017, and was able to inspect the property on 20 February 2017. The
1 Yu v Bradley [2020] NZHC 1822.
2 Mr Yu’s application was originally for a stay of execution pending determination of the appeal to the Court of Appeal, and pending final determination of any appeal to the Supreme Court. Counsel for Mr Yu, Ms Watt, confirmed at…
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