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Hot Topic Hawke’s Bay
Law
2 mins to read

Court declines developer’s injunction over mortgagee sale

Lender Senior Trust wins case over Wanaka apartment, a remnant of Roy’s Bay retirement village project.

The unit in this apartment block at Roy’s Bay, Wanaka, was used as a show home for the retirement village development.

Tim Hunter Fri, 10 Mar 2023

The High Court has refused to grant an interim injunction preventing the mortgagee sale of a Wanaka apartment by lender Senior Trust Capital, financier of a related failed retirement village project.

In a judgment issued on January 19 and published yesterday, Justice Kiri Tahana declined the

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Tim Hunter Fri, 10 Mar 2023
Contact the Writer: thunter@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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Tags
Senior Trust Management Tony Hannon Wānaka retirement village mortgagee sale Property Law Act High Court Catherine Hannon
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Court declines developer’s injunction over mortgagee sale
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