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MacLean v Arklow Investments Ltd - [1998] 3 NZLR 680

$30.00

Court of Appeal Wellington
21, 22 April; 16 July 1998
Richardson P, Gault, Thomas, Keith and Blanchard JJ
Equity — Fiduciary relationship — Merchant bank — Investor seeking assistance of merchant bank to find finance for forestry and property development — Bank agreeing to protect confidentiality of information — Bank later declining to act for investors and facilitating purchase by third parties — Whether breach of fiduciary duty of loyalty — Whether breach of fiduciary duty of confidentiality.
Equity — Confidential information — Merchant bank — Investor seeking assistance of merchant bank to find finance for forestry and property development — Bank agreeing to protect confidentiality of information — Bank later declining to act for investors and facilitating purchase by third parties — Whether misuse of confidential information.

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