Kartikeya v Fernyhough [2014] NZIACDT 79 (09 September 2014) [pdf, 187 KB]
...issue is that loss resulting from Mr Fernyhough’s failure to meet his obligations to his clients was relatively substantial, though not beyond what he ought to have reasonably contemplated. It is also substantial in relation to Mr Fernyhough’s own resources. [15] Mr Fernyhough’s financial situation is not strong, and meeting his obligations will be a burden. [16] Mr Fernyhough resisted responsibility when responding to the complaint, but has accepted the Tribunal’s decision. His...