Dairy Containers Ltd v NZI Bank Ltd; Auditor-General

Judgment date: 28/11/1994
Court: NZHC
Judge: Thomas J
Citation: (1994) 13 ACLC 3211; [1995] 2 NZLR 30;
Catchwords: Professions and trades;  Auditors;  Whether company loss due negligence of auditor general;  Where company lost money due to director's fraud;  

Damages;  Assessment;  Where auditor negligent and directors contributorily negligent;  Time and factors taken into account;  

Negligence;  Duty of care;  Where company wholly owned subsidiary of another;  Whether parent company liable for subsidiary's negligence;  

Banking and finance;  Banks;  Whether bank liable for conversion;  Where wrong account number fraudulently placed on deposit slip;  

Negligence;  Contributory negligence;  Contributory negligence of third party;  Attribution;  

Banking and finance;  Banks;  Where cheques misappropriated;  Whether bank liable for conversion;  

Damages;  Contribution and apportionment;  Joint tortfeasors;  Applications for contribution;  

Negligence;  Vicarious liability;  Liability of company for negligence of director or employee;  Applicability of doctrine of unconscious liability;  

Contract;  Defences;  Contributory negligence;  Concurrent liability in contract and tort;