Synlait still comfortable after Supreme Court hearing

Synlait still comfortable after Supreme Court hearing
Rebecca Howard
Synlait Milk chief executive Leon Clement said the company is “really comfortable” in its legal position after a two-day Supreme Court hearing wrapped up on Thursday on land use where its Pokeno factory is located. The milk processor was appealing a May 2019 Court of Appeal decision which ruled covenants that restrict land use on a small tract must stand.  “We inadvertently ended up breaching its covenants there because we settled on land that had covenants that had been removed off it and then an appeal process placed those covenants bac...

More Markets

NZ sharemarket ends week up 0.5%
Markets Market Close

NZ sharemarket ends week up 0.5%

The S&P/NZX 50 Index closed at 12,995.01, up 66.63 points.

Graham Skellern 31 Jan 2025
Minority investors need stronger protection – NZSA
Markets

Minority investors need stronger protection – NZSA

Hotels takeover offer shows need for minority shareholders voting regime. 

Rebecca Howard 31 Jan 2025
Receivers launch webpage for potential buyers of Ubco
Markets

Receivers launch webpage for potential buyers of Ubco

'Savvy investors' invited to secure Kiwi electronic-motorbike 'ingenuity'.

John Anthony 31 Jan 2025
Cannabis rule change having impact
Primary Sector

Cannabis rule change having impact

Regulatory changes in NZ and Germany have made NZ products more available worldwide.

Murray Jones 31 Jan 2025