Jail 'truly appalling' for Eric Watson, court told

Jail 'truly appalling' for Eric Watson, court told
Victoria Young
Eric Watson’s lawyer told a London judge jail would be a “truly appalling experience” for the businessman, who was yesterday sentenced to a prison term for contempt of court.Watson received a sentence of four months’ imprisonment after he breached court orders relating to his dispute with fellow New Zealand business big-foot Owen Glenn.  Watson is appealing both the sentence and the contempt judgment.A transcript of the Oct. 19 hearing before Lord Justice Christopher Nugee shows how Watson’s lawyer T...

More Law & Regulation

'Serious compliance breaches' in NZ sharemarket
Markets

'Serious compliance breaches' in NZ sharemarket

Seven matters were referred to the NZ Markets Disciplinary Tribunal last year.

Murray Jones 24 Apr 2024
RBNZ challenges ComCom call to review its banking capital settings
Law & Regulation

RBNZ challenges ComCom call to review its banking capital settings

The RBNZ says it has just finished reviewing capital settings and is phasing them in.

Staff reporters 23 Apr 2024
NZ promotor of global pyramid scheme convicted on five charges
Law & Regulation

NZ promotor of global pyramid scheme convicted on five charges

Investors in the 'Lions Share' scheme lost nearly $17 million worldwide.

Staff reporters 23 Apr 2024
'Unpaid' loan of $152,000 to Terry Serepisos now worth $2.5 million
Law & Regulation

'Unpaid' loan of $152,000 to Terry Serepisos now worth $2.5 million

The lender is seeking a summary judgment for repayment in the high court.

Greg Hurrell 22 Apr 2024