Dorchester Finance Limited v Deloitte & Perpetual Trust Limited - SC 47/2012

Civil Appeal – Contract Law –Whether the Court of Appeal erred in concluding that the “Limit on Action” clause at issue in this case did not have the effect of extinguishing the underlying debt to which it applies – Whether the Court of Appeal erred in failing to apply the fundamental principles of the law of contract – Whether the Court of Appeal erred in concluding that a limit on action clause did not have substantive effect – Whether the Court of Appeal erred in its construction of the subject limit on action clause.[2012]NZCA 226  CA  57/2011