ManukaMed's Denis Watson fails in appeal over property deal

ManukaMed's Denis Watson fails in appeal over property deal
Denis Watson tried to buy at 1 Edwin Feist Place, Masterton. (Image: Supplied)
Riley Kennedy
ManukaMed owner Denis Watson has failed in his attempt to appeal a high court ruling over a property settlement he didn't comply with.The proceedings came about after Watson put in an offer to buy a property for $1.7 million in November 2019 from Masterton Investments Ltd (MIL) – a company owned by Rohan and Simon Salisbury. The pair, who live in Australia, put the property at 1 Edwin Feist Place on the market a few months earlier with their company’s operations moving away from the Wairarapa town.Watson owned and ran...

More Finance

Govt eagle-eyed on ComCom interchange fees decision
Finance

Govt eagle-eyed on ComCom interchange fees decision

Open banking depends on sustainable interchange fees, Minister Scott Simpson says.

Pattrick Smellie 11 Apr 2025
Risky business? Why $500m for Kiwibank is causing concern
Finance

Risky business? Why $500m for Kiwibank is causing concern

Being state-owned doesn't mean you get a free $500m lunch, expert says.

Legal shots fired in FNZ employee shareholder stoush
Finance

Legal shots fired in FNZ employee shareholder stoush

Employees claim oppression and put directors on notice.

Victoria Young 09 Apr 2025
Willis can do more to fix banking competition
Finance

Andrew Body: Willis can do more to fix banking competition

A competitive banking system needs more than lower capital adequacy ratios.

Andrew Body 02 Apr 2025