Amaltal Corpn Ltd v Maruha Corpn; 20 Feb 2007

References: [2007] 3 NZLR 192, [2007] NZSC 40, (2007) 8 NZBLC 101,996
Links: Nzlii
Coram: Elias CJ, Blanchard, Tipping, McGrath and Anderson JJ
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.’
This case is cited by:

  • Cited – AIB Group (UK) Plc -v- Mark Redler & Co Solicitors SC (Bailii, [2014] UKSC 58, [2014] 3 WLR 1367, [2014] WLR(D) 466, WLRD, Bailii Summary, UKSC 2013/0052, SC, SC Summary)
    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 . .

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Last Update: 06-Nov-15 Ref: 554211