Morrison Kent has strike out bid dismissed

Morrison Kent has strike out bid dismissed
Associate Judge Peter Andrew dismissed Morrison Kent's application to strike out a claim against it. (Image: Getty Images)
Riley Kennedy
Law firm Morrison Kent has lost a bid to strike out a claim alleging it was negligent in providing advice on a property development which led to significant debts and bankruptcy.Premier Legal Finance is suing Morrison Kent alleging it breached duties of care in a failed commercial property development involving MR8 Construction, which is in liquidation, and its director, Mark Ensom, who is bankrupt.Ensom and his company had been developing a commercial property in the Auckland suburb of Grey Lynn. Morrison Kent acted as solicitors for Ensom and...

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