High Court Wellington
9, 16 December 1987
Hardie Boys J
9, 16 December 1987
Hardie Boys J
Tort — Negligence — Duty of care — Bank and guarantor — Director gave personal guarantee of company's account with bank covering past and future advances — Bank was not asked and proffered no explanation of effect of guarantee — Co-director misappropriated funds and arranged further advance from bank — Whether bank owed duty of care to director to explain circumstances of company's account or nature of liability under guarantee — Whether bank was negligent.
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