Marac Finance Ltd v Colmore-Williams - [1988] 1 NZLR 625

Tort — Negligence — Duty of care — Accountants — Guarantor of company debt withdrew from company and sought limitation of or release from guarantee — Accountants to company informed guarantor that liability had been limited and subsequently informed guarantor that guarantee would shortly be extinguished — In fact guarantee was not extinguished or limited and guarantor was liable — Guarantor sued accountants for negligence — Whether accountants owed a duty of care to guarantor — Whether accountants were liable to guarantor.