Ken Wikeley, Eric Watson's judgment against Owen Glenn obtained by 'fraud'

Ken Wikeley, Eric Watson's judgment against Owen Glenn obtained by 'fraud'
Eric Watson. (Image: NZME)
Riley Kennedy
A high court judge has ruled that businessmen Ken Wikeley and Eric Watson have to “desist” from pursuing an apparent coal agreement at the centre of the global litigation against fellow New Zealander Owen Glenn, saying the default judgment was obtained by fraud.The legal fight centres around an apparent agreement Watson, who is now subject to bankruptcy proceedings in NZ, signed on behalf of Glenn more than a decade ago. Glenn only learned of the deal last year when his Kea Investments and its UK solicitors received a statutory...

More Law & Regulation

Employers behaving badly
Law & Regulation

Rachael Judge: Employers behaving badly

The consequences can be significant for employers.

Rachael Judge 22 Apr 2025
Rise in liquidations compounded by IRD crackdown
Economy

Rise in liquidations compounded by IRD crackdown

The IRD filed two-thirds of creditor applications in the March quarter.

Gregor Thompson 22 Apr 2025
ComCom clears Woolworths ready-meal deal
Retail

ComCom clears Woolworths ready-meal deal

The Commerce Commission granted clearance for Woolworths Group to acquire ready-meal manufacturer Beak & Johnston.Through facilities in New Zealand and Australia, Beak & Johnston (B&J) makes and supplies ready-to-eat meals under its brands to grocery retailers, wholesalers, and f...

Gregor Thompson 17 Apr 2025
ComCom pushes KiwiRail to compensate customers for cancelled ferry sailings
Law & Regulation

ComCom pushes KiwiRail to compensate customers for cancelled ferry sailings

More people whose travel plans are derailed by Interislander ferry cancellations will now be eligible for compensation.Interislander, which is owned by the state-owned enterprise KiwiRail, is loosening its approach towards compensating customers affected by mechanical breakdowns...

Staff reporters 17 Apr 2025