Inside Fletcher’s Chch justice precinct dispute

Inside Fletcher’s Chch justice precinct dispute
Victoria Young
Evidence sworn in court details how Fletcher Building’s relationship with its partners on the $300 million Christchurch justice precinct soured as the project ran over time and budget. Fletcher is being sued by utilities contractor Electrix, which says while it was paid $21 million for its work, it should get another $7.5 million for the job it did. The NZX-listed builder is countersuing, saying it overpaid Electrix by about $8 million. Fletcher claims Electrix misrepresented the job it could do. Despite opposition from Fletcher,...

More Law & Regulation

Auckland Council spends $195k defending Downtown Car Park challenge
Law & Regulation

Auckland Council spends $195k defending Downtown Car Park challenge

Vacated legal challenge resulted in no concessions, council says.

Tom Raynel 26 Jul 2024
Vector agrees to sell LPG assets for $150m
Markets

Vector agrees to sell LPG assets for $150m

The deal is subject to regulatory approvals and commercial conditions.

Rebecca Howard 26 Jul 2024
Officials move on Richard Yan’s castle
Property

Officials move on Richard Yan’s castle

Richard Yan's extensive heritage property is being sold following his bankruptcy.

Tom Raynel 26 Jul 2024
Minister's $200m tobacco tax cut bypasses Cabinet requirements
Policy

Minister's $200m tobacco tax cut bypasses Cabinet requirements

Researchers say there's more evidence to support the repealed Smokefree policies.

Jem Traylen 26 Jul 2024