Drylandcarbon and counter claim to be heard together, judge rules

Drylandcarbon and counter claim to be heard together, judge rules
The litigating businesses are involved in afforestation funds. (Image: DepositPhotos)
John Anthony
A high court judge has ruled that separate legal proceedings between sparring shareholders of an afforestation fund manager can be tried simultaneously.At the high court in Wellington, Anthony and Wendy Beverley brought two claims against business partners William Leckie and Christopher Morrison and entities associated with them, relating to alleged “diversion of corporate opportunities”.A judgment by Justice Paul Radich delivered on May 23 said Leckie and Morrison, through their company Pheasant Tail Holdings, subsequently bro...

More Law & Regulation

Airports, Jetstar bite back at Air NZ subsidy claim
Markets

Airports, Jetstar bite back at Air NZ subsidy claim

Air NZ is effectively saying 'get what you're given', says Auckland Airport.

ComCom sets out price path for gas networks
Infrastructure

ComCom sets out price path for gas networks

Auckland bills will rise about $4 per month.

Northland outage: Class action law suit launched against Transpower over felled pylon
Infrastructure

Northland outage: Class action law suit launched against Transpower over felled pylon

A class action has been filed against national power grid operator Transpower and its lines maintenance contractor, Omexom, over the June last year outage that left much of Northland without power for days.The class action seeks to recover losses on behalf of all Northland busine...

Air NZ to airports: Stop subsidising Jetstar
Markets

Air NZ to airports: Stop subsidising Jetstar

Current airport regulation works against the national interest, Air NZ’s new CEO says.