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KS New Zealand Discount House Limited v Spiceberg Limited [2016] NZDC 11552

Published 21 February 2017

Contractual dispute — setoffs to amount owed. After purchasing the tangible assets of a business from the plaintiff, the defendant claimed setoffs for particular items. Aside from a cash payment which had not been formally documented as having been paid, the setoffs claimed by the defendant failed. The plaintiff was entitled to a judgment sum of $22,800.00 with interest and 2B costs. Judgment Date: 24 June 2016.

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