Eric Watson puts up a fight over bankruptcy

Eric Watson puts up a fight over bankruptcy
(Image: NZME)
Riley Kennedy
Expat businessman Eric Watson appears to be trying to put up a fight over his bankruptcy.The liquidators of his Cullen Investments had been chasing him for roughly $57.4 million, plus interest, relating to loans he made to himself from the company.KPMG took control of the entities just over four years ago after the Inland Revenue Department (IRD) won a tax judgment against it, ruling the group was liable to pay $51.4m.Cullen Investments was part of Watson’s Cullen Group – a “complex” structure of entities spanning NZ and...

More Law & Regulation

Navigating workplace romance
Law & Regulation

Bronwyn Heenan: Navigating workplace romance

Romantic work relationships involve difficult conversations that should be had.

Bronwyn Heenan 16 May 2025
Peter Huljich is Pushpay insider trader, flagging further appeal
Law & Regulation

Peter Huljich is Pushpay insider trader, flagging further appeal

Rich-lister Peter Huljich has been revealed as the Pushpay executive convicted of insider trading.Huljich’s identity had been suppressed since he was charged by the Financial Markets Authority (FMA) in February 2022.The current case has been closely watched by markets as it marke...

Staff reporters 15 May 2025
Mandatory nutrition labels likely as deadline looms
Law & Regulation

Mandatory nutrition labels likely as deadline looms

Health Star Ratings face deadline as calls grow to make system mandatory.

Cécile Meier 13 May 2025