Former Pacific Edge chair Chris Swann in dispute over building company shares

Former Pacific Edge chair Chris Swann in dispute over building company shares
Chris Swann argued he made a $50,000 payment as he was required to. (Image: NZME)
Riley Kennedy
Dunedin businessman and former chair of Pacific Edge, Chris Swann, has gone to court claiming he didn’t get the shares owed to him in a Canterbury building company.Meanwhile, the existing shareholders argue the payment he made was for an overdue invoice.Between 2008 and 2016, Swann was the chair of Pacific Edge and has held multiple other directorships, including chair of Australian-based Frogtech Geoscience and chair of Waitaki District Health Services.The saleOn Nov 4, 2020, Swann signed a deal – called “the business agreeme...

More Finance

Geneva Finance’s family squabble over rate cap
Finance

Geneva Finance’s family squabble over rate cap

David O'Connell and Peter Francis gave a lesson on successful shareholder activism.

Paul McBeth 01 Dec 2023
Jarden, BNZ, JBWere deal said to be a pre-Christmas mixer
Finance

Jarden, BNZ, JBWere deal said to be a pre-Christmas mixer

The smoke signals are hinting that a deal might land soon.

Paul McBeth 30 Nov 2023
Geneva’s proposed Federal funding line raises eyebrows
Finance

Geneva’s proposed Federal funding line raises eyebrows

Retail shareholders' group says vote against. 

Paul McBeth 29 Nov 2023
Date set for Eric Watson's bankruptcy hearing
Finance

Date set for Eric Watson's bankruptcy hearing

Former high-flying businessman's whereabouts is unknown.

Riley Kennedy 28 Nov 2023