Deceitful practices lands Canterbury wine company $1.7m fine

Deceitful practices lands Canterbury wine company $1.7m fine

R v Southern Boundary Wines Ltd (in liq) [2020] NZHC 514

Two directors and an employee of Southern Boundary Wines Ltd (Southern Boundary) have been sentenced along with the company itself for charges under the Wine Act 2003 involving deception and selling and exporting non-compliant wines. This is the third sentencing to occur under the Act.

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Court clarifies limitation period for fiduciary claims

Court clarifies limitation period for fiduciary claims

George v Sell Smart Bis Ltd [2019] NZHC 37

Recently, the High Court decided that a claim for breach of fiduciary duty against a mortgage broker was barred under the Limitation Act 1950 (the Act). The Court applied by analogy the limitation period that applies to contractual/tortious claims. This decision is very important in clarifying the time limit which will apply to claims for breach of fiduciary duty, such as acting in a conflict of interest or failing to act honestly in the client’s interests.

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