8 Jul 2014
HOLLAND CORPORATE LTD v HOLLAND [2014] NZHC 1584
- Citation
- [2014] NZHC 1584
- Court
- High Court
As a director, Mr Holland breached fiduciary duties by diverting payments and services to himself or other entities, thereby profiting at HCL's expense; equity requires him to account for profits of AUD 440798 and pay equitable compensation of AUD 166407.5 and NZD 450000; judgment is entered against him for those sums.