Bridie McKinnon

Apr 16, 2024 | lexology.com | Andy Dysart |Amy Ryburn |Bridie McKinnon

The extent to which a party's discretions under a contract are fettered by standards of reasonableness has long been a source of debate. A New Zealand Court of Appeal judgment last year, together with a couple of subsequent judgments, have suggested that New Zealand law on this issue may be evolving. In this article, we take a look at the recent judgments and what they may mean in the future for contracting parties. The Woolley appeal - what was the case about?