CBL's Harris ‘diligent’ and ‘dedicated,’ court hears

CBL's Harris ‘diligent’ and ‘dedicated,’ court hears
Peter Harris at the high court at Auckland. (Image: BusinessDesk).
Victoria Young
The lawyer representing CBL Corporation’s Peter Harris said her client was “diligent, dedicated and responsible” in closing submissions on Thursday. CBL’s former chief executive Harris and chief financial officer Carden Mulholland are defending criminal charges in the high court at Auckland, which stems from the collapse of the listed insurer.The Crimes Act charges for both include "theft by person in special relationship", "obtaining by deception" and "false accounting".In closing subm...

More Law & Regulation

Takeovers Panel will meet on NZME issue
Markets

Takeovers Panel will meet on NZME issue

The panel said in a media release today it had met on the issue of Grenon’s shareholding.

Insurer IAG admits fair dealing breaches
Law & Regulation

Insurer IAG admits fair dealing breaches

The Financial Markets Authority has filed a civil proceeding against IAG New Zealand Ltd for fair dealing breaches in relation to its insurance products.Some home, boat, car and caravan insurance policyholders were affected.IAG said it identified and reported the relevant issues...

H&S reform back with a vengeance
Law & Regulation

Bronwyn Heenan: H&S reform back with a vengeance

With all these changes, let's watch this space and wait for the details.

Telco fined $325k for misleading 'free' roaming claim
Law & Regulation

Telco fined $325k for misleading 'free' roaming claim

Telco 2degrees has been fined $325,000 after admitting it made misleading claims about its “free” Aussie business roaming plans.The Commerce Commission took action last year after claims made by 2degrees in its advertising campaign between 2020 and 2023 created an impression that...

Staff reporters 03 Apr 2025