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High Court Wellington
11, 12, 13, 14, 15, 18, 19, 20, 21, 26, 27 October; 10 December 1982
Quilliam J
Court of Appeal Wellington
27, 28, 29, 30 November; 10 December 1984; 1 May 1986
Woodhouse P, Cooke, Richardson, McMullin and Somers JJ
11, 12, 13, 14, 15, 18, 19, 20, 21, 26, 27 October; 10 December 1982
Quilliam J
Court of Appeal Wellington
27, 28, 29, 30 November; 10 December 1984; 1 May 1986
Woodhouse P, Cooke, Richardson, McMullin and Somers JJ
Negligence — Duty of care — Economic loss — Invalid exercise of statutory power by Minister — Damages for lost commercial opportunity — Minister of Finance refused consent for New Zealand company to make an issue of new shares to a Japanese corporation — After refusal, company went into receivership — Whether Minister was in breach of a prima facie duty of care — Whether, if breach of duty had been established, the Minister's negligence had caused the company any loss.