Kea Investments Limited v Kenneth David Wikeley, Wikeley Family Trustee Limited (in interm liquidation), Eric John Watson, Wikeley Incorporated and USA Asset Holdings Incorporated - SC 127/2024

Summary

Civil Appeal 

Result

A    Kea Investments Ltd’s application for leave to appeal is granted (Wikeley v Kea Investments Ltd [2024] NZCA 609, [2024] 3 NZLR 901).
B    The approved question is whether the Court of Appeal was correct to discharge the permanent anti-suit and anti-enforcement injunctions awarded to Kea Investments Ltd in the High Court.
C    Counsel to assist the Court will be appointed by the Registrar.
D    The applications to adduce further evidence are dismissed.
E    The application to extend the stay in Wikeley v Kea Investments Ltd [2024] NZCA 686, (2024) 26 PRNZ 667 is granted pending determination of the appeal. 
 4 July 2025
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A The application for adjournment is dismissed.
B Costs are reserved.                                                                                
30 September 2025
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A The appeal from the decision of the Court of Appeal in Wikeley v Kea Investments Ltd [2024] NZCA 609, [2024] 3 NZLR 901 is allowed.
B The orders made by the High Court in Kea Investments Ltd v Wikeley Family Trustee Ltd (in interim liq) [2023] NZHC 3260 at [156(a)(i) - (iv)], and in Kea Investments Ltd v Wikeley Family Trustee Ltd (in interim liq) [2023] NZHC 3532 at [7], are reinstated.
C Costs are reserved. 
10 November 2025

Date of Hearing

05 November 2025 — 06 November 2025

Judges

Winkelmann CJ, Glazebrook, Williams, Kós and Miller JJ

Case Synopses

Submissions from counsel

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