6 Sept 2010
WESTPAC NEW ZEALAND LTD V MAP & ASSOCIATES LTD CA193/2009
- Citation
- openlaw-c2d94b8f_cdb4_4272_b702_411144b94c0d.pdf
- Court
- Court of Appeal
Westpac breached its mandate by unjustifiably refusing to disburse funds; on the facts Westpac should have acted when it received the 29 February 2008 letter (received 2 March 2008) and therefore interest under the Judicature Act is payable from 2 March 2008; the High Court's indemnity costs order was not justified and is quashed.