Allison v KPMG Peat Marwick - [2000] 1 NZLR 560

Commercial law — Fair Trading Act — Sale of business as a going concern — Acquisition audit obtained and relied upon — Damages — Net tangible assets valuation as against future maintainable earnings — Notional liquidation costs excluded — Law Reform Act 1936, s 17.

Tort — Joint tortfeasors — Whether tortfeasors joint or concurrent — Whether concurrent tortfeasor covered by settlement of claim.