Backdoor listing specialist Sorensen pressured to pay rival

Backdoor listing specialist Sorensen pressured to pay rival
Victoria Young
Investor John Sorensen is facing further legal threats from his former business partner Michael Jacomb, who is chasing about $600,000 owed by him personally.The pair were back in the courts this month as Jacomb continues to pursue the backdoor listing specialist for judgment debt awarded earlier this year. Jacomb now wants Sorensen to reveal his personal assets, a step usually taken ahead of gaining freezing orders or issuing bankruptcy proceedings.   The stoush harks back to a failed Chilean investment venture in which Jacomb as...

More Markets

Why does NZ suck at building brands
Markets

Eden Bradfield: Why does NZ suck at building brands

Let the French have Fonterra brands, Eden Bradfield writes.

Eden Bradfield 06 Sep 2025
NZ sharemarket ends week up 2.2%
Markets Market Close

NZ sharemarket ends week up 2.2%

The S&P/NZX 50 Index closed at 13,223.53, up 90.32 points or 0.69%.

Graham Skellern 05 Sep 2025
Fletcher Building slashes maximum CEO pay
Markets

Fletcher Building slashes maximum CEO pay

 Total maximum remuneration is now $2m lower at $5.8m.

Rebecca Howard 05 Sep 2025
Westpac NZ eyes monetary policy reform for change-laden RBNZ
Economy

Westpac NZ eyes monetary policy reform for change-laden RBNZ

Westpac NZ puts monetary policy voting in the spotlight.

Staff reporters 05 Sep 2025