No point bankrupting Mainzeal's Yan, court told

Fri, 03 Jul 2020

Richard Yan’s lawyer says there’s no point bankrupting his client and he can’t pay security for the upcoming Mainzeal appeal. Associate judge Peter Andrew presided over Yan’s bankruptcy hearing in the High Court at Auckland today. Yan, who has been resident in China since 2016, did not attend.The hearing precedes an appeal of the 2019 Mainzeal judgment which goes to the Court of Appeal on July 27. Justice Francis Cooke had found against Mainzeal’s directors in a landmark decision on di...

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