Mainzeal appeal: Did trial judge go rogue?

Tue, 28 Jul 2020

The Mainzeal directors found liable for reckless trading are arguing the trial judge went rogue as they appeal a $36 million judgment against them. Former Prime Minister Jenny Shipley, Peter Gomm, Clive Tilby and Richard Yan are appealing Justice Francis Cooke’s finding that they had breached directors’ duties ahead of the construction company’s 2013 collapse. On day two of the five-day Court of Appeal hearing, the lawyer for Shipley, Gomm and Tilby, Jack Hodder QC, launched an attack claiming procedural unfairness. It is not clear whe...

Subscribe to BusinessDesk

Stay informed on business, government and financial developments across New Zealand.

Deeply researched, twice-edited and fact-checked news
Annual subscribers also receive a complimentary subscription to The Wall Street Journal
Personalised email news alerts, plus gift up to 5 stories a month to non-subscribers

You can cancel anytime with two clicks, an email or a phone call.
Find out more.

We are serious about journalism.

Name {{ registerForm.errors.get('name') }}

Email address {{ registerForm.errors.get('email') }}

Phone Number {{ registerForm.errors.get('phone') }}

Job Title {{ registerForm.errors.get('title') }}

Password Minimum password length of 8 characters.
Require at least one upper and lowercase, numeric, and special character. {{ registerForm.errors.get('password') }}

Repeat password {{ registerForm.errors.get('password_confirmation') }}

We had trouble validating your card. It's possible your card provider is preventing us from charging the card. Please contact your card provider or customer support.

Credit Card

Cardholder's name

{{ __(plans[index].name) | capitalize }} {{ plans[index].attributes.old_price | currency }} {{ plans[index].price | currency }}

All subscriptions auto renew but are easy to cancel.

I Accept The Terms Of Service

{{ registerForm.errors.get('terms') }}

Tax: {{ taxAmount(selectedPlan) | currency }}

Total Price Including Tax: {{ priceWithTax(selectedPlan) | currency }} {{ selectedPlan.type == 'user' && spark.chargesUsersPerSeat ? '/ '+ spark.seatName : '' }} {{ selectedPlan.type == 'user' && spark.chargesUsersPerTeam ? '/ '+ __('teams.team') : '' }} / {{ __(selectedPlan.interval) | capitalize }}

The Quiz Free

QuiznessDesk, Monday, May 19

Take a break and try our quiz.

The Quizmaster 9:15am

Markets

Transpower to keep NZ's only gas trading platform

After a year of debate, Transpower reverses on gas trading position.

Ian Llewellyn 9:00am

Transpower to keep NZ's only gas trading platform

Economy

‘Modest’ business tax measure to boost growth: Willis

Global trade turmoil has made the Budget harder to write.

Pattrick Smellie 5:00am

‘Modest’ business tax measure to boost growth: Willis

Sponsored

Ready for the C-Suite leap?

Part-time programme. Full-time leadership transformation.

University of Auckland Business School

Sponsored

Active beats passive in tough times

Agile investing responds faster to market shocks and shifts.

Milford

More Law & Regulation

Law & Regulation

Bronwyn Heenan: Navigating workplace romance

Romantic work relationships involve difficult conversations that should be had.

Bronwyn Heenan 16 May 2025

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