Nicholson v Permacraft (NZ) Ltd
| Jurisdiction | New Zealand |
| Date | 1985 |
| Year | 1985 |
| Court | Court of Appeal |
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59 cases
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Richard Ciliang Yan v Mainzeal Property and Construction Ltd (in Liquidation)
...to in Debut Homes, above n 51, at [142], n 159. 79 See above at [121]. 80 See below at [269]–[272]. 81 Nicholson v Permakraft (NZ) Ltd [1985] 1 NZLR 242 (CA) concerned an unsuccessful claim by the liquidator, in the name of the company, against the directors to recover monies paid to shareh......
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BTI 2014 LLC v Sequana SA and Others; B.A.T. Industries Plc v Sequana SA and another
...467 Horsley & Weight was considered by the Court of Appeal in New Zealand in Nicholson and others v Permakraft (N.Z.) Ltd. (in liq) [1985] 1 NZLR 242; (1985) 3 ACLC 453 (' Permakraft'). There the court considered a claim by the liquidators of Permakraft against the former directors to recov......
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BTI 2014 LLC v Sequana S.A.
...Street CJ went further in a lengthy passage in which he cited with approval the judgment of Cooke J in Nicholson v Permakraft (NZ) Ltd [1985] 1 NZLR 242 ( Permakraft), a decision of the New Zealand Court of Appeal. The facts of Permakraft may be summarised as follows. The company, a furnitu......
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Madoff Securities International Ltd ((in Liquidation)) v Stephen Raven and Others
...by the Vice-Chancellor in Bowthorpe Holdings [2003] 1 BCLC 226 at 241–2 ([51]-[52]) as follows: "In Nicholson v Permakraft (NZ) Ltd [1985] 1 NZLR 242, 250 Cooke J, with whom the other members of the Court of Appeal in New Zealand agreed, considered that where the transaction in question wa......
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5 firm's commentaries
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Sequana ' What You Need To Know
...at the earliest possibility. Footnotes 1. BTI 2014 LLC v Sequana SA [2019] EWCA Civ 112. 2. See e.g.: Nicholson v. Permakraft (NZ) Ltd [1985] 1 NZLR 242; Kinsela v. Russell Kinsela Pty Ltd (1986) 4 NSWLR 722; West Mercia Safetywear Ltd v. Dodd [1988] B.C.L.C. 250; Kalls Enterprises Pty Ltd ......
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Nominee Directors: Caught Between The Devil And The Deep Blue Sea
...4 BCC 30. 6 Facia Footwear v. Hinchcliffe [1998] 1 BCLC 218, Walker v. Wimborne [1976] 137 CLR 1, Nicholson v. Permakraft (NZ) Ltd [1985] 1 NZLR 242, Kinsela v. Russell Kinsela Pty Ltd [1986] 4 NSWLR 722 and West Mercia Safetywear v. Dodd [1988] BCLC 7 Re MDA Investment Management Ltd [2004......
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Defrauding Creditors Through Dividends, and the Shift of Directors’ Duties
...Mercia Safetywear Ltd v Dodd [1988] BCLC 250. [5] Kalls Enterprises Pty Ltd v Baloglow [2007] NSWCA 191. [6] Nicholson v Permakraft (NZ)[1985] 1 NZLR 242. [7]BTI 2014 LLC v Sequana SA [2019] EWCA Civ 112 at [View source.] Sonya Van de Graaff...
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A better outcome for whom? Unpacking the safe harbour reforms
...201 CLR 603. 3.Westpac Banking Corporation v The Bell Group Ltd (in liq) [No 3] [2012] WASCA 157. 4 See Nicholson v Permakraft (NZ) Ltd [1985] 1 NZLR 242 per Cooke J at 250. 5 This view was propounded by Dr BH McPherson in Duties of directors and the powers of shareholders (1977) 51 Austral......
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5 books & journal articles
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THE DUTY TO MAINTAIN EQUALITY IN COLLECTIVE CREDITOR ACTIONS
...doctrine became firmly established only in the recent past few decades: see the leading decisions of Nicholson v Permakraft (NZ) Ltd[1985] 1 NZLR 242; Kinsela v Russell Kinsela Pty Ltd(1986) 10 ACLR 395; West Mercia Safetywear Ltd v Dodd[1988] BCLC 250. It was first accepted as part of Sing......
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Incomplete contracts, contingent fiduciaries and a director's duty to creditors.
...from a Theory of the Firm Perspective' (1999) 84 Cornell Law Review 1266, 1269. (4) See, eg, Nicholson v Permakraft (NZ) Ltd [1985] 1 NZLR 242 ('Permakraft'); Re New World Alliance Pty Ltd (ree and mgr apptd); Sycotex Pty Ltd v Baseler (1994) 122 ALR 531; Geneva Finance Ltd (rec and mgr app......
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THE RATIONALISATION OF DIRECTORS’ DUTIES IN SINGAPORE
...Co Ltd[1987] 1 All ER 114 at 118; West Mercia Safetywear Ltd v Dodd[1988] BCLC 250 at 252—253; Nicholson v Permakraft (NZ) Ltd[1985] 1 NZLR 242 and Walker v Wimborne(1976) 137 CLR 1. In the US, see Credit Lyonnais Bank Nederland, NV v Pathe Communications Corp1991 Del Ch LEXIS 215 (Delaware......
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“Modernising Company Law”: The Government's White Paper
...Ahead’ [2002] JBL 579, 598).78 See, for example, West Mercia Safety Wear vDodd [1988] BCLC 25 (CA) and Nicholson vPermakraft (NZ) Ltd. [1985] 1 NZLR 242 (NZ HC). In Lonrho Ltd. vShell Petroleum Co Ltd.[1980] 1 WLR 627, Lord Diplock stated that it was the duty of the board to act in the best......
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