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Supreme Court of New Zealand Wellington
SC 25/2006 & 28/2006; [2007] NZSC 26
5, 6 March; 1 May 2007
Elias CJ, Blanchard, Tipping, McGrath and Gault JJ
SC 25/2006 & 28/2006; [2007] NZSC 26
5, 6 March; 1 May 2007
Elias CJ, Blanchard, Tipping, McGrath and Gault JJ
Contract — Termination — No period of notice specified — Reasonable period of notice — Principles for assessing — When lengthy period justified.
Agency — Relationship with principal — Termination — Consequences of wrongful repudiation by principal.
Damages — Assessment — Wrongful repudiation of contract terminable on reasonable notice — Basis for assessing damages — Principles — Factors to be taken into account.
Equity — Fiduciary relationship — Parties to commercial contract — Whether and when fiduciary relationship arose.