Court keeps prominent family's commercial dispute under wraps

Court keeps prominent family's commercial dispute under wraps
BusinessDesk is limited in what it can say about the dispute. (Image: Getty)
Victoria Young
High court judges are keeping a commercial dispute about a “widely known” family under wraps as the fight moves to arbitration.Heavy secrecy orders prevent BusinessDesk from reporting the names, addresses, occupations or any other identifying particulars of the parties.However, we can say that the proceeding alleges breaches of the Companies Act and of contract.It involves one member of the family suing the family company and other members of the family. It was filed last year and has been moved to private arbitration, court do...

More Law & Regulation

'Get creative on BTR funding', developer urges
Finance

'Get creative on BTR funding', developer urges

Banks are pricing build-to-rent at higher risk than they have to, operators say.

Du Val founders seek legal aid
Property

Du Val founders seek legal aid

Receivers are trying to get out of paying rent on the Clarkes' Remuera home.

FMA on legal high
Law & Regulation

David Chaplin: FMA on legal high

The FMA's need to court approval for liquidity risk guidelines is interesting timing.

David Chaplin 09 Oct 2024
FMA takes ASB Bank to court for overcharging customers
Finance

FMA takes ASB Bank to court for overcharging customers

The FMA claims the bank overcharged some customers by nearly $4m.

Staff reporters 08 Oct 2024