Watson v Day - Torere Section 64 (2024) 310 Waiariki MB 227 (310 WAR 227) [pdf, 286 KB]
...they failed to carry out any due diligence, and this has resulted in loss. [46] Mr Watson relies on a number of documents developed during his tenure on the CoM, including an analysis of land use options, which included financial modelling, land resource reports, and a market valuation into the lessee’s interest in the tree crop. These reports are consistent with the 2018 Strategic Vision, and a One Year Plan, which set out the direction of the previous Committee of Management. He...