Rama v Millar - [1996] 1 NZLR 257

Equity — Fiduciary relationship — Liability for breach of fiduciary duty — Whether financially exposed partner entitled to settle dispute with bankers unilaterally — Duty of fiduciary to act honestly and fairly.

Practice and procedure — Judgments and orders — Interest on judgments — Commercial rates — Interest on award for breach of fiduciary duty in misapplication of partnership asset — Equitable jurisdiction — Judicature Act 1908, s 87.