Trevor Ivory Ltd v Anderson
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Trevor Ivory Ltd v Anderson is one of the leading New Zealand cases regarding the personal liability of company directors. The case concerns the personal liability of a director of a one-man company for negligent misstatement and applied the principle of Tesco Supermarkets Ltd v Nattrass that where a director is the "directing mind" of a company, his actions are legally those of the company. The application of the case by New Zealand courts during the leaky homes crisis has been described as a "barrier to litigants recovering from directors of these companies".[1]
Quick Facts Trevor Ivory Ltd v Anderson, Court ...
Trevor Ivory Ltd v Anderson | |
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Court | Court of Appeal |
Full case name | Trevor Ivory Limited & Anor v Anderson & Ors |
Decided | 20 December 1991 |
Citation(s) | [1992] 2 NZLR 517 |
Court membership | |
Judge(s) sitting | Cooke P, Hardie Boys and McGechan JJ |
Keywords | |
Negligent misstatement, Piercing the corporate veil, Director's liabilities, Corporate personality, Corporate law, assumption of responsibility |
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