[2012] NZEmpC 20 White & Others v Reserve Bank of New Zealand [pdf, 148 KB]
...Clarke SCJ, delivering the judgment of the Supreme Court, affirmed: “The essential question in each case is what were the terms of the agreement.” 4 Lord Clarke expressed agreement with the judgment of Lord Justice Aikens in the Court of Appeal stating: [32] Aikens LJ stressed at paras [90]-[92] the importance of identifying what were the actual legal obligations of the parties. He expressly agreed with Smith LJ’s analysis of the legal position in Szilagyi’s 5 cas...