Wikeley family claims latest victory in legal spat

Wikeley family claims latest victory in legal spat
A Kentucky court has ruled in favour of Ken Wikeley’s family trust. (Image: Getty)
Victoria Young
Ken Wikeley is claiming victory after a Kentucky court ruled there was enough evidence of “wrong and vexatious litigation” by Owen Glenn’s Kea Investments to support a change of control of a family trust.The ruling, which is already being objected to, is the latest in a multi-jurisdiction spat between Wikeley and Kea Investments. Wikeley was found by the NZ courts to have defrauded Kea Investments. That ruling by Justice Ian Gault was obtained by default judgment, meaning it was heard before a judge, but Wikeley...

More Law & Regulation

Manuka Doctor trademark appeal dismissed
Law & Regulation

Manuka Doctor trademark appeal dismissed

One judge dissented, saying he would have allowed the appeal.

Smaller lenders eye prudential requirements in RBNZ review
Finance

Smaller lenders eye prudential requirements in RBNZ review

NBDTA proposed a total capital ratio of 10.5% of risk-weighted assets.

Smiths City owes creditors $26.8m
Retail

Smiths City owes creditors $26.8m

The outlook for unsecured creditors of the former retail icon Smiths City appears bleak, as liabilities have mounted to more than $26.8 million.Liquidators for the century-old retailer stated in their initial report that 240 creditors were owed money by the company, as reported b...

Staff reporters 09 Oct 2025
Cost-benefit issues in spotlight amid RBNZ review
Finance

Cost-benefit issues in spotlight amid RBNZ review

The Reserve Bank of NZ had received 42 submissions to the review.

Andy Macdonald 09 Oct 2025