What next in mega CBL legal pile-on

Fri, 26 Jun 2020

The High Court has had its first combined hearing over several civil cases brought about following the collapse of CBL Corporation.The NZX-listed insurer had a market capitalisation of $747 million when it fell over in February 2018, attracting lawsuits from representatives for creditors, regulators and shareholders alike.More than 10 lawyers – including four QCs - piled into courtroom 11 at the High Court at Auckland today for the first airing of the matter, which was largely administrative and related to timetabling. Another 10 or...

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