Supreme Court of New Zealand – Blanchard J said that even in a commercial relationship, there might be aspects which engaged fiduciary obligations: ‘That is because in the nature of that particular aspect of the relationship one party is entitled to rely upon the other, not just for adherence to contractual arrangements between them, but also for loyal performance of some function.’
Judges:
Elias CJ, Blanchard, Tipping, McGrath and Anderson JJ
Citations:
[2007] 3 NZLR 192, [2007] NZSC 40, (2007) 8 NZBLC 101,996
Links:
Cited by:
Cited – AIB Group (UK) Plc v Mark Redler and Co Solicitors SC 5-Nov-2014
Bank not to recover more than its losses
The court was asked as to the remedy available to the appellant bank against the respondent, a firm of solicitors, for breach of the solicitors’ custodial duties in respect of money entrusted to them for the purpose of completing a loan which was to . .
Lists of cited by and citing cases may be incomplete.
Commonwealth
Updated: 11 May 2022; Ref: scu.554211