CAC 20006 v Wallace [2013] NZREADT 81 [pdf, 36 KB]
...Sime had acted for the property company in bringing about an on-sale of the property for $92,000. [7] The Board held that Mr Sime had placed his objective of achieving sales above his duty to his principal, the original owner of the property. On appeal, the High Court held that this finding nevertheless fell “far short” of establishing the requisite negative character traits to permit orders to be made by the Board. [8] Also relevant is the more recent decision of Davis v The Real...