CAC10073 v Philip Kenny Real Estate Ltd [2013] NZREADT 19 [pdf, 41 KB]
...regarding the retention of the funds. [30] There was reference to the licensee having made an early guilty plea and having acted throughout in a thoroughly contrite manner. [31] Mr Argyle particularly emphasised that any period of suspension of licence would not only affect the licensee defendant company and its managing director, but would also affect all the 11 real estate agents employed by it plus other staff. It was put: “If the defendant company is forced to suspend its oper...