BNZ has been told it has to keep banking for Gloriavale

BNZ has been told it has to keep banking for Gloriavale
BNZ has to keep providing banking services to Gloriavale, for now... (Image: BNZ)
Oliver Lewis
Bank of New Zealand has to keep providing banking services to West Coast religious community Gloriavale and its associated entities, a court has ruled.In a decision released on Friday following a hearing in the high court at Greymouth, Justice Helen Cull granted an order to continue an existing injunction preventing BNZ from terminating the Gloriavale bank accounts.BNZ sought to end the banking relationship last year in the wake of an employment court decision that found three men who left the community had been employees from age six unti...

More Law & Regulation

DeVere censured by FMA for failing to meet obligations
Law & Regulation

DeVere censured by FMA for failing to meet obligations

The FMA has censured deVere for failing to comply with obligation under its FAP licence.

Tom Raynel 03 Jul 2024
Foodstuffs alleges defamation over merger opinion piece
Retail

Foodstuffs alleges defamation over merger opinion piece

Chapman Tripp lawyers sent letters to the University of Auckland and Stuff.

Gregor Thompson 03 Jul 2024
Country Road loses court battle over duties
Retail

Country Road loses court battle over duties

Country Road has been ordered to retroactively pay $2.5 million in duties and GST.

Gregor Thompson 03 Jul 2024
Cleaning company escapes much bigger fine for cartel conduct
Law & Regulation

Cleaning company escapes much bigger fine for cartel conduct

The High Court fined Canterbury Industrial Scrubbing $51,000.

Staff reporters 02 Jul 2024