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SETTLED OUT OF COURT

FAIRBAIRN V. LEVIN AND CO., LTD. (By Telegraph.—Press Association.) Chrlstohurch, May 8. He .lotion Fairbairn, Wright, and Co. v. Levin and Co., Ltd. (Merchants' Association), has been settled out of Court, defendants paying a substantial sum in full settlement. The action was tried before the Court of Appeal in April, 1914, to determine wh fitter plaintiff's statement of claim was good ui law. The Full 'Court unanimously decided that the plaintiffs had a good cause of action against the defendants on the ground of conspiracy amounting to illegal interference with Fairbairn, AVright,, and Co.'s methods of conducting business in connection with the purchase of sugar. Defendants obtained lea,ve to appeal to the Privy Council, which has now been abandoned. The case now that no appeal is to be taken to the Privy Council.establishes the law in New Zealand as follows:—"That anyone who suffers damage from a combination or injury amounting to a breach of the Commercial Trusts Act has his remedy in a Court of Justice for <Jamages to tho extent of the loss he can prove." This is tho first time in the history of the Empire that the_above proposition has been established in law.

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/DOM19150510.2.65

Bibliographic details
Ngā taipitopito pukapuka

Dominion, Volume 8, Issue 2457, 10 May 1915, Page 8

Word count
Tapeke kupu
200

SETTLED OUT OF COURT Dominion, Volume 8, Issue 2457, 10 May 1915, Page 8

SETTLED OUT OF COURT Dominion, Volume 8, Issue 2457, 10 May 1915, Page 8

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