DOMINION NEWS.

Stratford Evening Post, Volume XXVII, Issue 8, 10 May 1915, Page 2

DOMINION NEWS.

I, LAW AND COMMERCE. Peb Press Association. Wellington, May 9. The Christchurch action, 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 whether plaintiffs’, statement of claim was good in law. The Full Court unanimously decided that plaintiffs had a good cause of action a'gtrinst defendants on the, ground of conspiracy, amounting to illegal interference with Fairbairn, Wright and Co’s, method of conducting business connection with the purchase of sugar. Defendant obtained leave to appeal to the Privy Council, and have now abandoned the case. Now that no appeal is to be taken to the Privy Council the law in New Zealand is established as follows: “That anyone who suffers damage from a combination of injury amounting to a breach of the Commercial Trusts Act has his remedy in a court of justice for damages to the extent of the loss he can prove.” This is the first time in the history of the Empire that the above proposition has been established in law .