10 Nov 2016
BAXTER v COLEMAN [2016] NZHC 2693
- Citation
- [2016] NZHC 2693
- Court
- High Court
Court found the oral management contract was between Baxter and Coleman personally; Coleman owed fiduciary duties which he breached by failing to account and by retaining/disclosing grant and Recorded Music monies; the unsigned draft agreement was not accepted and promissory estoppel/variation failed; plaintiff validly terminated for cause; counterclaims dismissed; plaintiff awarded NZD 307,287.27 plus interest and costs.