Brooks v New Zealand Guardian Trust Co Ltd - [1994] 2 NZLR 134

Tort — Negligence — Joint tortfeasors — Proceeding by lenders against debenture trustee — Trustee joined as third parties directors of borrower company — Settlement of all liabilities of borrower company to the trustee by way of deed of release and discharge — Deed not releasing directors — Whether directors joint tortfeasors with borrowing company so that their liability also released — Whether rule relating to release of one tortfeasor discharging another tortfeasor continues to apply in New Zealand law — Law Reform Act 1936, s 17(1)(a) and (b).