31 Oct 2013
CURTIS v GIBSON [2013] NZHC 2884
- Citation
- [2013] NZHC 2884
- Court
- High Court
The correct measure of recoverable profit was the realised sums received by Gibson or his controlled interests from the introduction of Pindan into IHSL (NZD 2.6m gross), excluding amounts credited as shareholder advances or compulsorily reinvested, apportioned to exclude value attributable to Ihouz, resulting in NZD 1.5m attributable to the Habode/Australia joint venture and NZD 750,000 payable to the plaintiff (half share) plus interest from 1 September 2008.