CD & ors v CU Ltd [2024] NZDT 508 (23 June 2024) [pdf, 145 KB]
...Has that caused the trustees’ loss? c) Are the trustees entitled to be paid the amount claimed ? Has CU Ltd breached the agreement it has with the trustees? 9. The applicable law is the law of contract. Parties to a contract must perform their respective obligations and do what they have agreed to do. If they do not, they will be in breach and need to account for any loss caused to the other party to the contract and pay damages to put the other party into the position that...