Judgment
Fortunate Drift Limited v Canterbury Securities Ltd - Ruling
FSD 0227/2018 (IKJ) · 2024-01-31
Hearing on quantum-breach of contract-temporary deprivation of property- basis for assessing measure of damages for failing to return plaintiff’s shares-relevance of market price-need for adjustment to take into account illiquidity of market. Contract law; Financial services law; Damages; Securities and investment law; Civil procedure (assessment of damages).
Full metadata
| Cause Number | FSD 0227/2018 (IKJ) |
|---|---|
| Court | CIGC (FSD) |
| Judge | Kawaley J |
| Parties | Fortunate Drift Limited v Canterbury Securities Ltd - Ruling |
| Judgment Date | 2024-01-31 |
| Subject | Hearing on quantum-breach of contract-temporary deprivation of property- basis for assessing measure of damages for failing to return plaintiff’s shares-relevance of market price-need for adjustment to take into account illiquidity of market. Contract law; Financial services law; Damages; Securities and investment law; Civil procedure (assessment of damages). |
| Filename (current) | 24-01-31-Fortunate-Drift-v-Canterbury-Securities-Ltd-Ruling.pdf |
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