Taylor v Rotowax Trading Ltd - [1988] 1 NZLR 674

Contract — Covenant in restraint of trade — Shareholder of vendor company covenanted not to compete with purchasing companies — Shareholder then breached covenant — Whether purchaser had acquired the business, including the goodwill, of the vendor company — Whether purchaser had any interest for which it was entitled to protection — Whether acquisition of business premises was necessary to acquisition of goodwill — Whether covenant could be lawfully obtained from shareholder of vendor company.