Eric Meserve Houghton v Timothy Ernest Corbett Saunders, Samuel John Magill, John Michael Feeney, Craig Edgeworth Horrocks, Peter David Hunter, Peter Thomas and Joan Withers, and Credit Suisse Private Equity Inc, and Credit Suisse First Boston Asian Me - SC 117/2019

Summary

Civil Appeal – Whether the expert evidence as to the quantum of loss is admissible – Whether the Court of Appeal erred in dismissing the applicant’s appeal against a refusal to strike out the respondent’ s defence under s 63 of the Securities Act 1978 – Whether the Court of Appeal erred in dismissing the appeal.

Result

A The application for leave to appeal is dismissed.
B The applicant must pay costs of $2,500 to the first respondents collectively and $2,500 to the second and third respondents collectively.
13 December 2019

Related Documents

Leave judgment - leave dismissed — HOUGHTON v SAUNDERS & ORS [2019] NZSC 148 [13 December 2019] (PDF 203 KB)

High Court decision — HOUGHTON v SAUNDERS [2019] NZHC 1061 [15 May 2019]

Court of Appeal decision — HOUGHTON v SAUNDERS & ORS [2019] NZCA 404 [2 September 2019]