Deloitte Haskins and Sells v National Mutual Life Nominees Ltd - [1993] 3 NZLR 1

Tort — Negligence — Duty of care — Appellant money-market operator which had invited subscriptions from the public — Depositors sued trustee for admitted breach of trust — Claim settled — Trustee sought to claim amount paid in settlement from auditor on basis of duty of care owed by auditor and alleged breach of that duty — Whether auditor owed duty of care to trustee — Whether loss to trustee caused by alleged negligence of auditor — Securities Act 1978, s 50(2) - Companies Act 1955, s 166(1).