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Carter Holt class action ends as funding pulled

Victoria Young
Wed, 16 Jun 2021

Lawyer Adina Thorn had led the class action against Carter Holt Harvey.
Victoria Young
Wed, 16 Jun 2021
A multimillion dollar class action brought by homeowners against Carter Holt Harvey over its Shadowclad product has ended unexpectedly.According to one homeowner in the action the corporate giant owned by Graeme Hart’s Rank Group spooked its opposition into ditching the case, after its funder pulled the plug.The building giant made no concessions and will get more than half a million dollars paid to it in security for costs.The case, filed in 2018 and involving 117 leaky building owners seeking more than $40 million in damages, was schedu...

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Law & Regulation
David Henry firm moves into liquidation owing $400k
Brent Melville | Sat, 31 Jul 2021

Kinleith Land and Infrastructure moves into liquidation owing at least $400,000, liquidator looks to sell solar farm.

On the Money
On the Money: Chris Dunphy, Peter Wells' potential $250m payday, Banksy, Bridges, and more
Rebecca Stevenson | Sat, 31 Jul 2021

Which minister thought he was at a rave, who's cashing in on another potential IPO on the ASX, why wasn't anyone buying Banksy? And more.

Opinion FREE
Why it's hard to open a supermarket in NZ
Eric Crampton | Fri, 30 Jul 2021

Supermarkets' high profits should motivate a new competitor, if they're real. If the profits are there, what's stopping them?

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Carbon neutral trends emerging in engineering, procurement and construction across the globe indicate what we can expect in New Zealand over the next thirty years.