16 May 2023
SMALLEY v WILLIAMSON [2023] NZCA 174
- Citation
- [2023] NZCA 174
- Court
- Court of Appeal
The Court held EY prepared the valuation in accordance with its contractual mandate and AES-2, exercising professional judgment legitimately entrusted by the parties; alleged errors about comparators, post-date evidence, or multiplier selection were matters of judgment within the valuer's remit and did not amount to material departures from mandate, so the High Court's summary judgment ordering specific performance was upheld and the further evidence application was declined.