Hamish McIntosh v John Howard Ross Fisk and David John Bridgman - SC 39/2014

A Leave to appeal and to cross-appeal is granted (McIntosh v Fisk [2016] NZCA 74).
B The approved questions are:
(i) Whether an order should have been made setting aside all or part of the payment made by Ross Asset Management Limited (RAM) to the applicant and requiring the applicant to pay the relevant amount to the respondents.
(ii) If so, whether the order should have been to set aside the payment of all of the $954,047 paid to the applicant or $454,047, being the difference between the amount paid to the applicant and the $500,000 he invested with RAM.
26 May 2016
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A The appeal and cross appeal are dismissed.
B The appellant is to pay costs of $15,000 to the respondents together with reasonable disbursements.
26 May 2017
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A The appellant is to pay interest at the rate of five per cent per annum on the sum of $454,047.62 from the date of the liquidators’ appointment (17 December 2012).
B There is no order as to costs.
31 August 2017