Eric Watson appeal unlikely, sentencing judge says

Eric Watson appeal unlikely, sentencing judge says
Victoria Young
The judge presiding over Eric Watson’s epic court battle with Owen Glenn says there is little chance of Watson getting leave to appeal a contempt of court decision against him.And Lord Justice Christopher Nugee said he would have sentenced Watson to a six-month term but took into account personal factors and decided on four months instead.  Under UK law a person guilty of civil contempt is considered a short-term prisoner so the former Warriors and Hanover Finance owner will be entitled to be released after serving half of the senten...

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Two more Smiths City stores close as liquidation sale winds up, massive discounts
Retail

Two more Smiths City stores close as liquidation sale winds up, massive discounts

Embattled retailer Smiths City has closed two more stores as its fire sale draws winds up this weekend.Administrators Colin Gower and Diana Matchett of BDO Christchurch on Friday said staff numbers will significantly reduce from next week, with remaining staff to assist with deli...

Staff reporters 12 Sep 2025
Construction suicide costs at $1.3 billion
Infrastructure

Construction suicide costs at $1.3 billion

A survey found that almost one in five workers reported suicidal thoughts.

Chido Machingura 12 Sep 2025
Net assets down, losses widen in Macquarie Group NZ's FY
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Net assets down, losses widen in Macquarie Group NZ's FY

Financial group books wider full-year loss as net assets slip.

Staff reporters 12 Sep 2025
Airwork on the block to repay $145m of bank debt
Law & Regulation

Airwork on the block to repay $145m of bank debt

Airwork has an outstanding intercompany loan of $35.83m, owes trade creditors $219,000.

Denise McNabb 11 Sep 2025