19 Dec 2019
PLUMPTON v TERRY [2019] NZHC 3450
- Citation
- [2019] NZHC 3450
- Court
- High Court
Court found that Terry and Colbert (with Maynard's participation) unlawfully disclosed confidential UCFX information, breached fiduciary duties and obligations of confidence, and made malicious false statements to induce transfer of staff and attract investors; Maynard was not a de facto director but was party to the conspiracy and breaches of confidence; those unlawful acts materially contributed to UCFX's loss and remediation costs and lost opportunities; damages of NZD 681,212 were awarded to UCFX representing net re-establishment costs and lost opportunities; several pleaded causes (inter…