With Martin Wiseman
In the recent decision of Ministry of Economic Development v Feeney And Ors the District Court considered the extent to which directors can rely on expert advice from employees and the company's advisers. This case is a reminder of the ability of directors to seek and rely on expert and professional advice in performing their duties. And, presumably, the converse of that must also be true, that if directors do seek professional advice but choose to ignore it without good reason, they will not ha