Saunders & Co v Bank of New Zealand - [2002] 2 NZLR 270

Contract — Privity — Appointment of inspector by district law society to investigate affairs of firm of solicitors — Whether contract of appointment conferred on firm under investigation benefit enforceable by firm — Contracts (Privity) Act 1982, s 4.

Tort — Negligence — Appointment of inspector by district law society to investigate affairs of firm of solicitors — Whether inspector appointed owed duty of care to firm under investigation — Whether failure by inspector to detect fraud causative of loss.

Practice and procedure — Limitation of proceedings — Breach of contract — Whether limitation runs from date of reasonable discoverability of breach — Limitation Act 1950, s 4(1).