NZ judge recognises Chinese court in $23m claim

NZ judge recognises Chinese court in $23m claim
Victoria Young
A High Court judge has opened the door for a Chinese state-owned enterprise to enforce a $23 million judgment in New Zealand.Associate judge Roger Bell ruled that the body which awarded the sum to Chinese electricity firm Hebei Huaneng Industrial against DeMing Shi looked enough like a court for the Chinese SOE to continue proceedings here.The High Court at Auckland heard on Nov. 4 how Shi gave personal guarantees as part of a contract under which his firm, Boen Capital Co, supplied coal to the Chinese firm.After several hearings in China...

More Law & Regulation

Eric Watson gearing up for more court action
Law & Regulation

Eric Watson gearing up for more court action

Watson says he would continue to stand firmly on his position. 

Eric Watson’s bid to stop insider trading charges thrown out
Law & Regulation

Eric Watson’s bid to stop insider trading charges thrown out

US regulator to continue its case against Eric Watson. 

Denise McNabb 02 Jul 2025
Foodstuffs NI warned by ComCom over supplier treatment
Retail

Foodstuffs NI warned by ComCom over supplier treatment

It obstructed a supplier request, says Grocery Commissioner.

Staff reporters 02 Jul 2025