Mainzeal liquidators seek millions in interest payments

Wed, 24 Apr 2019

By Nikki Mandow April 23 (BusinessDesk) - Millions of dollars are at stake as Mainzeal litigants head back to court on Wednesday, May 8, for a decision on costs and interest payments. Creditors of the failed construction company were owed $110 million when it collapsed in early 2013, and High Court judge Francis Cooke ruled in February that four directors, including former Prime Minister and Mainzeal chair Jenny Shipley, were liable for a total of $36 million. However, the judgment didn’t include any decision on costs and interest paym...

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