Bath Street Capital files counter-claim against Pyne Gould Corp

Thu, 26 Nov 2015

By Paul McBeth Nov. 27 (BusinessDesk) - Bath Street Capital, which has been building up its local trustee business, has filed a counter-claim in the High Court against Pyne Gould Corp, saying the protracted fight over what's owed in relation to Pyne Gould's sale of Perpetual Trust has slowed progress for Bath Street's stock exchange listing and generated substantial costs for the firm. Auckland-based Bath Street hasn't quantified the total amount of its action, though says it's more than Pyne Gould's claim for damages of at least $22 mil...

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