Moritzson Properties Ltd v McLachlan - [1994] 3 NZLR 250

Company law — Receivership — Duties of receiver — Duty to act in good faith — Duty to obtain fair price on sale — Whether duty in negligence to take reasonable care — Subsequent encumbrancer alleging bad faith and failure to obtain proper price by receiver — Receiver applying to strike out pleading — Whether cause of action properly pleaded.