7 Jun 2017
ANTONS TRAWLING LIMITED v DAWSON & ASSOCIATES LIMITED [2017] NZCA 237
- Citation
- [2017] NZCA 237
- Court
- Court of Appeal
The Court held that the cause of action based on Dawsons' negligent drafting accrued on 17 July 2008 when the flawed sale and purchase agreement was executed because Antons sustained an immediate, measurable loss (a diminished contractual interest) at that point; therefore the negligence claim was time-barred under the Limitation Act 1950. No fresh, timely causes of action in negligence were established in relation to later advice or the release of funds, and proposed amendments and late evidence were rightly refused.