Fletcher settled steel claim

Tue, 25 May 2021

Fletcher Building has confirmed it settled a case brought by Henderson-based steel firm D&H Steel that was slated for trial this week.The NZX-listed construction firm had faced legal action by D&H Steel in the high court at Auckland since 2017. D&H Steel accused Fletcher of aiding and abetting Fair Trading Act breaches and breaking up a joint venture.D&H Steel’s joint venture was with Culham Engineering, but it alleged Fletcher encouraged Culham to work with a foreign firm instead, The Herrick Corporation.The parties have...

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