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Murren v Schaeffer [2018] NZHC 3176

05 December 2018

Decision

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Summary

Judgment concerns a claim for damages based on misrepresentations made by the defendant to the plaintiffs that caused them to invest in the Woollaston/Mahana vineyard near Nelson. Causes of action based upon negligent misstatement, breach of the Fair Trading Act and the Nevada Deceptive Trade Practices Act have succeeded. Causes of action based upon deceit and fraudulent misrepresentations have failed. Damages totalling USD 2,301,220.88 plus interest awarded to the plaintiffs.


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