Farrier-Waimak Ltd v Bank of New Zealand

Subject Matter

COMPANY — New zealand — Company — Mortgage — Priorities — Land development company — Bank advance — Secured by unregistered mortgage company's land by contractor — Bank's mortgage registered subsequently — Expressed to on company's land — Valid equitable charge — Registered statutory liens for work on be “subject to liens” — Priority of liens not defeated by bank's original equitable charge — Wages Protection and Contractors' Liens Act, No 27 of 1939 (New Zealand), ss 21, 25, 41

[1965] AC 376; [1964] 3 WLR 1030

Appellate History

Farrier-Waimak Ltd v Bank of New Zealand [1964] NZLR 9

Judgment of the Court of Appeal of New Zealand reversed

Farrier-Waimak Ltd v Bank of New Zealand [1965] AC 376; [1964] 3 WLR 1030; [1964] 3 All ER 657, PC

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