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

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.