12 Jun 2015
NEIL STUART JOHNSTON v CHRISTOPHER FREDERICK SCHURR [2015] NZSC 82
- Citation
- [2015] NZSC 82
- Court
- Supreme Court
Managerial liability under the supervisory jurisdiction remains subject to s49: a manager is liable for losses only if he acted in bad faith or without reasonable care in exercising powers conferred by the Family Court; where the Family Court expressly excluded power to settle relationship property and appointed counsel to represent the subject, the manager was not under a relevant duty to procure settlement and solicitors' retainer terminated upon the client's incapacity; factual deficiencies regarding the surrender of life insurance policies required remittance to the High Court for determi…
- Relationship property
- Managers under the protection of personal and property rights act 1988
- Supervisory jurisdiction of the high court
- Breach of statutory duty
- Assumption of responsibility
- Surrender of life insurance policies