Rātima v Sullivan - Tataraakina C Trust (2017) 64 Tākitimu MB 121 (64 TKT 121) [pdf, 874 KB]
...or that the transaction was fair. The use of strict liability in the context of a fiduciary relationship stems from fiduciary law’s traditional prophylactic approach: it is thought that prevention is better than cure in that this provides good protection to beneficiaries and removes temptation from fiduciaries. As Professor Matthew Conaglen has put it, “removing the fruits of temptation is designed to neutralise the temptation by rendering it pointless”. [8] In Adlam v Savag...