Sojourner v Robb - [2008] 1 NZLR 751

Company law — Directors — Duty to act in best interests of company — Sale of assets of company to associated company at undervalue — Liability of directors to account for profits accruing through associated company — Companies Act 1993, ss 131, 138 and 301.

Company law — Liquidation — Sale of assets of company to associated company at undervalue — Restitutionary relief or compensatory damages — Liability of directors to account for profits accruing through associated company — Companies Act 1993, ss 131, 138 and 301.

Equity — Unjust enrichment — Sale of assets of company to associated company at undervalue — Restitutionary relief or compensatory damages — Liability of directors to account for profits accruing through associated company — Companies Act 1993, ss 131, 138 and 301.